SommerlundLarsen Holding IVS — Credit Rating and Financial Key Figures

CVR number: 38172395
Bølling Tværvej 5, 6040 Egtved

Company information

Official name
SommerlundLarsen Holding IVS
Established
2016
Company form
Entrepreneurial limited company
Industry

About SommerlundLarsen Holding IVS

SommerlundLarsen Holding IVS (CVR number: 38172395) is a company from VEJLE. The company reported a net sales of -0 mDKK in 2020, demonstrating a decline of -106.1 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -51.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -27.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SommerlundLarsen Holding IVS's liquidity measured by quick ratio was 4 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
2019
2020
Volume
Net sales70.0073.00327.00-20.00
Gross profit65.0054.00309.00-27.75
EBIT65.0054.00309.00-27.75
Net earnings59.0049.00309.00-51.70
Shareholders equity total60.00109.00268.00106.12
Balance sheet total (assets)600.00573.00273.00141.58
Net debt100.00400.00-50.00-41.58
Profitability
EBIT-%92.9 %74.0 %94.5 %
ROA10.8 %9.2 %73.8 %3.0 %
ROE98.3 %58.0 %163.9 %-27.6 %
ROI11.6 %10.1 %80.3 %-27.3 %
Economic value added (EVA)65.0084.65335.73-35.74
Solvency
Equity ratio10.0 %19.0 %98.2 %75.0 %
Gearing166.7 %367.0 %
Relative net indebtedness %771.4 %635.6 %-13.8 %30.6 %
Liquidity
Quick ratio50.64.0
Current ratio50.64.0
Cash and cash equivalents50.0041.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-200.0 %-635.6 %75.8 %-530.6 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:3.01%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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