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Larsen Strings A/S
A/S
Active
Advertising protection
CVR 18623749
Ingolf Nielsens Vej 14A, 6400
Sønderborg
Manufacture of musical instruments
·
NACE 3220
Est. 1995 · 31 years old
34 employees
Monitor
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Denmark
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Companies
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Manufacture of musical instruments
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Larsen Strings A/S
Overview
Financials
People & ownership
Related companies
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Financials
Gross profit
DKK millions
40M
30M
20M
10M
0M
2021: 28M
28M
2021
2022: 30M (+7% vs 2021)
30M
+7%
2022
2023: 31M (+3% vs 2022)
31M
+3%
2023
2024: 31M (0% vs 2023)
31M
0%
2024
2025: 32M (+3% vs 2024)
32M
+3%
2025
EBITDA
DKK millions
16M
12M
8M
4M
0M
2021: 13M
13M
2021
2022: 11M (-15% vs 2021)
11M
-15%
2022
2023: 11M (0% vs 2022)
11M
0%
2023
2024: 11M (0% vs 2023)
11M
0%
2024
2025: 5M (-55% vs 2024)
5M
-55%
2025
Income statement
DKK thousands
Item
2025
2024
2023
2022
2021
Gross profit
31.734
31.437
30.709
29.727
27.591
Staff expenses
-26.501
-20.865
-19.873
-18.600
-15.020
EBITDA
5.233
10.572
10.836
11.128
12.571
Depreciation & amort.
-3.229
-3.039
-2.720
-2.441
-2.430
EBIT
2.004
7.533
8.115
8.687
10.141
Net financials
178
-317
-40
614
846
Profit before tax
2.182
7.216
8.075
9.301
10.987
Tax
270
1.475
1.647
1.832
2.088
Net profit
1.912
5.742
6.429
7.470
8.899
Balance sheet
DKK thousands
Item
2025
2024
2023
2022
2021
Total assets
83.049
76.526
68.432
60.955
55.960
Equity
53.287
53.374
49.633
45.204
47.734
Long-term debt
0
0
0
0
0
Short-term debt
27.828
21.529
17.049
14.147
6.738
Total debt
27.828
21.529
17.049
14.147
6.738
Financial ratios
5-year trend
EBITDA margin (of gross profit)
16,5 %
This company
2021
2025
Equity ratio
64,2 %
This company
38,2 %
Market median
This company
Market median
68% above market
2021
2025
Return on equity
3,6 %
This company
18,4 %
Market median
This company
Market median
80% below market
2021
2025
Net profit margin (of gross profit)
6,0 %
This company
2021
2025
Asset turnover (of gross profit)
0,38×
This company
2021
2025
Debt / equity
0,56×
This company
0,62×
Market median
This company
Market median
10% below market
2021
2025
Annual reports & filings
Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View
PDF
More on Larsen Strings A/S
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
