TVEDE LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

TVEDE LARSEN HOLDING ApS (CVR number: 31161096K) is a company from AABENRAA. The company recorded a gross profit of 112.7 mDKK in 2023. The operating profit was 7543 kDKK, while net earnings were 4955 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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.