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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
39 employees
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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
0M
9M
18M
28M
37M
28M
2021
30M
2022
31M
2023
31M
2024
32M
2025
EBITDA
DKK millions
16M
12M
8M
4M
0M
13M
2021
11M
-15%
2022
11M
0%
2023
11M
0%
2024
5M
-55%
2025
Income statement
DKK thousands
Item
2021
2022
2023
2024
2025
Gross profit
27.591
29.727
30.709
31.437
31.734
Staff expenses
-15.020
-18.600
-19.873
-20.865
-26.501
EBITDA
12.571
11.128
10.836
10.572
5.233
Depreciation & amort.
-2.430
-2.441
-2.720
-3.039
-3.229
EBIT
10.141
8.687
8.115
7.533
2.004
Net financials
846
614
-40
-317
178
Profit before tax
10.987
9.301
8.075
7.216
2.182
Tax
2.088
1.832
1.647
1.475
270
Net profit
8.899
7.470
6.429
5.742
1.912
Balance sheet
DKK thousands
Item
2021
2022
2023
2024
2025
Total assets
55.960
60.955
68.432
76.526
83.049
Equity
47.734
45.204
49.633
53.374
53.287
Long-term debt
0
0
0
0
0
Short-term debt
6.738
14.147
17.049
21.529
27.828
Total debt
6.738
14.147
17.049
21.529
27.828
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
+68% vs market
2021
2025
Return on equity
3.6%
This company
18.4%
Market median
-80% vs 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
+10% vs 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