Lars Holte ApS — Credit Rating and Financial Key Figures

CVR number: 14595287
Birkehaven 109, 2980 Kokkedal

Credit rating

Company information

Official name
Lars Holte ApS
Established
1991
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales224.66349.48249.87
Gross profit136.96216.4898.95
EBIT-34.1137.97-53.32
Net earnings-26.9329.66-53.35
Shareholders equity total222.86252.53199.17
Balance sheet total (assets)272.25327.11238.81
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)-26.6130.34-52.97
Solvency
Equity ratio81.9 %77.2 %83.4 %
Gearing
Relative net indebtedness %-83.6 %-53.0 %-60.7 %
Liquidity
Quick ratio5.54.46.0
Current ratio5.54.46.0
Cash and cash equivalents237.28259.65191.28
Capital use efficiency
Trade debtors turnover (days)16.653.445.5
Net working capital %99.2 %72.3 %79.7 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-18.8%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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