LARS RAVN NIELSEN HOLDING ApS

CVR number: 33965869
Munksbakke 11, 8700 Horsens
munksbakke11@stofanet.dk
tel: 20622222

Credit rating

Company information

Official name
LARS RAVN NIELSEN HOLDING ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About LARS RAVN NIELSEN HOLDING ApS

LARS RAVN NIELSEN HOLDING ApS (CVR number: 33965869) is a company from HORSENS. The company recorded a gross profit of -10 kDKK in 2019. The operating profit was -10 kDKK, while net earnings were 37.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS RAVN NIELSEN HOLDING ApS's liquidity measured by quick ratio was 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016201720182019
Volume
Net sales
Gross profit249.15469.58-13.33-10.03
EBIT225.69469.58-13.33-10.03
Net earnings274.63368.87-36.4237.60
Shareholders equity total101.41470.28380.96364.56
Balance sheet total (assets)1 029.491 103.92942.88740.69
Net debt-81.56- 565.73- 362.96- 372.12
Profitability
EBIT-%
ROA32.8 %46.6 %1.7 %6.8 %
ROE270.8 %129.0 %-8.6 %10.1 %
ROI34.6 %50.2 %1.8 %6.9 %
Economic value added (EVA)183.60409.2721.2419.13
Solvency
Equity ratio9.9 %42.6 %40.4 %49.2 %
Gearing863.4 %113.6 %145.5 %101.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.71.72.0
Current ratio1.11.71.72.0
Cash and cash equivalents957.161 099.89917.38740.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:6.81%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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