THORKILD LARSEN A/S — Credit Rating and Financial Key Figures

THORKILD LARSEN A/S (CVR number: 29398518) is a company from ROSKILDE. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 3769 kDKK, while net earnings were 1754.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.1 %, 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. THORKILD LARSEN A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.