LARS BORUP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS BORUP ApS
LARS BORUP ApS (CVR number: 27602428) is a company from REBILD. The company recorded a gross profit of 62.3 kDKK in 2018. The operating profit was -76.7 kDKK, while net earnings were -72.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -21.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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 BORUP ApS's liquidity measured by quick ratio was 5.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 74.34 | 73.04 | 62.27 |
EBIT | 63.10 | 61.81 | -76.73 |
Net earnings | 26.85 | 28.95 | -72.71 |
Shareholders equity total | 351.13 | 380.07 | 307.36 |
Balance sheet total (assets) | 1 161.00 | 1 125.96 | 615.19 |
Net debt | 633.86 | 618.54 | 49.99 |
Profitability | |||
EBIT-% | |||
ROA | 5.4 % | 5.4 % | -8.7 % |
ROE | 7.6 % | 7.9 % | -21.2 % |
ROI | 5.8 % | 5.7 % | -9.1 % |
Economic value added (EVA) | 48.50 | -0.71 | -96.69 |
Solvency | |||
Equity ratio | 30.5 % | 34.0 % | 50.7 % |
Gearing | 189.9 % | 165.2 % | 83.3 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.4 | 0.2 | 5.9 |
Current ratio | 0.4 | 0.2 | 5.9 |
Cash and cash equivalents | 33.01 | 9.21 | 205.93 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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