Lars Holte ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lars Holte ApS
Lars Holte ApS (CVR number: 14595287) is a company from FREDENSBORG. The company reported a net sales of 0.2 mDKK in 2018, demonstrating a decline of -28.5 % compared to the previous year. The operating profit percentage was poor at -21.3 % (EBIT: -0.1 mDKK), while net earnings were -53.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.8 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Holte ApS's liquidity measured by quick ratio was 6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | 224.66 | 349.48 | 249.87 |
Gross profit | 136.96 | 216.48 | 98.95 |
EBIT | -34.11 | 37.97 | -53.32 |
Net earnings | -26.93 | 29.66 | -53.35 |
Shareholders equity total | 222.86 | 252.53 | 199.17 |
Balance sheet total (assets) | 272.25 | 327.11 | 238.81 |
Net debt | - 237.28 | - 259.65 | - 191.28 |
Profitability | |||
EBIT-% | -15.2 % | 10.9 % | -21.3 % |
ROA | -12.5 % | 12.7 % | -18.8 % |
ROE | -12.1 % | 12.5 % | -23.6 % |
ROI | -15.3 % | 16.0 % | -23.6 % |
Economic value added (EVA) | -26.61 | 30.34 | -52.97 |
Solvency | |||
Equity ratio | 81.9 % | 77.2 % | 83.4 % |
Gearing | |||
Relative net indebtedness % | -83.6 % | -53.0 % | -60.7 % |
Liquidity | |||
Quick ratio | 5.5 | 4.4 | 6.0 |
Current ratio | 5.5 | 4.4 | 6.0 |
Cash and cash equivalents | 237.28 | 259.65 | 191.28 |
Capital use efficiency | |||
Trade debtors turnover (days) | 16.6 | 53.4 | 45.5 |
Net working capital % | 99.2 % | 72.3 % | 79.7 % |
Credit risk | |||
Credit rating | BB | BBB | BB |
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