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TVEDE LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31161096
Kilen 1, Bov Mark 6330 Padborg

Credit rating

Company information

Official name
TVEDE LARSEN HOLDING ApS
Established
2007
Domicile
Bov Mark
Company form
Private limited company
Industry

About TVEDE LARSEN HOLDING ApS

TVEDE LARSEN HOLDING ApS (CVR number: 31161096K) is a company from AABENRAA. The company recorded a gross profit of 120.7 mDKK in 2024. The operating profit was 12.7 mDKK, while net earnings were 7050 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.9 %, 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. TVEDE LARSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit77 063.0079 493.00101 741.00112 700.00120 667.00
EBIT7 515.00- 689.009 031.007 543.0012 660.00
Net earnings4 789.00-2 168.005 162.004 955.007 050.00
Shareholders equity total33 299.0028 817.0034 064.0037 365.0042 640.00
Balance sheet total (assets)130 850.00129 982.00158 123.00145 882.00171 205.00
Net debt31 238.0030 637.00
Profitability
EBIT-%
ROA6.0 %-0.5 %6.3 %6.3 %8.3 %
ROE16.2 %-7.0 %16.4 %15.7 %23.0 %
ROI6.6 %-0.5 %6.3 %6.9 %10.1 %
Economic value added (EVA)2 659.84-2 362.277 582.953 960.702 856.35
Solvency
Equity ratio100.0 %100.0 %100.0 %25.6 %24.9 %
Gearing90.6 %83.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.8
Current ratio0.90.9
Cash and cash equivalents2 604.004 733.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.30%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.9%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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