LARS TAVSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS TAVSEN HOLDING A/S
LARS TAVSEN HOLDING A/S (CVR number: 28153864) is a company from VEJLE. The company recorded a gross profit of -27.4 kDKK in 2023. The operating profit was -79.9 kDKK, while net earnings were 1531.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS TAVSEN HOLDING A/S's liquidity measured by quick ratio was 64.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.23 | -9.40 | -13.58 | -15.25 | -27.36 |
EBIT | -12.23 | - 790.65 | -28.58 | -45.25 | -79.86 |
Net earnings | 1 343.09 | 2 281.18 | 412.75 | 1 071.90 | 1 531.94 |
Shareholders equity total | 9 829.52 | 12 078.70 | 12 491.45 | 13 428.36 | 14 960.30 |
Balance sheet total (assets) | 11 392.69 | 12 483.66 | 12 494.51 | 17 460.15 | 15 105.28 |
Net debt | -4 909.98 | -5 435.05 | -4 816.36 | -8 634.44 | -7 045.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.7 % | 21.0 % | 6.5 % | 7.3 % | 10.7 % |
ROE | 14.6 % | 20.8 % | 3.4 % | 8.3 % | 10.8 % |
ROI | 12.7 % | 21.5 % | 6.6 % | 8.5 % | 12.3 % |
Economic value added (EVA) | -32.25 | - 523.44 | 106.56 | 18.68 | 61.53 |
Solvency | |||||
Equity ratio | 86.3 % | 96.8 % | 100.0 % | 76.9 % | 99.0 % |
Gearing | 15.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 13.6 | 1 598.7 | 2.8 | 64.9 |
Current ratio | 4.1 | 13.6 | 1 598.7 | 2.8 | 64.9 |
Cash and cash equivalents | 6 389.20 | 5 435.05 | 4 816.36 | 8 634.44 | 7 045.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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