Torben Larsen Ejendomme Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Torben Larsen Ejendomme Holding ApS
Torben Larsen Ejendomme Holding ApS (CVR number: 83100915) is a company from SILKEBORG. The company recorded a gross profit of 1765.6 kDKK in 2024. The operating profit was 501.9 kDKK, while net earnings were -529.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Torben Larsen Ejendomme Holding ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 761.74 | 1 939.89 | 2 109.59 | 2 239.29 | 1 765.63 |
EBIT | 1 091.31 | 1 210.27 | 1 208.14 | 1 260.60 | 501.93 |
Net earnings | 355.25 | 1 089.61 | 732.55 | 578.84 | - 529.15 |
Shareholders equity total | 12 116.16 | 13 092.78 | 13 410.92 | 13 871.96 | 13 200.81 |
Balance sheet total (assets) | 34 581.06 | 35 329.43 | 34 961.04 | 35 324.59 | 34 018.31 |
Net debt | 17 854.01 | 16 245.97 | 16 967.41 | 16 283.77 | 16 465.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 6.4 % | 5.1 % | 5.8 % | 2.1 % |
ROE | 3.0 % | 8.6 % | 5.5 % | 4.2 % | -3.9 % |
ROI | 4.0 % | 6.6 % | 5.2 % | 5.9 % | 2.2 % |
Economic value added (EVA) | - 954.92 | - 828.90 | - 755.53 | - 578.33 | -1 335.08 |
Solvency | |||||
Equity ratio | 35.0 % | 37.1 % | 38.4 % | 39.3 % | 38.8 % |
Gearing | 175.4 % | 159.0 % | 153.0 % | 146.2 % | 151.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 3.4 | 4.2 | 4.1 | 4.0 |
Current ratio | 3.2 | 3.4 | 4.2 | 4.1 | 3.9 |
Cash and cash equivalents | 3 396.98 | 4 575.64 | 3 553.99 | 4 002.26 | 3 561.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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