EDC Torben Larsen A/S — Credit Rating and Financial Key Figures

CVR number: 38763253
Frederiksberggade 11, 8600 Silkeborg
tel: 33301000

Credit rating

Company information

Official name
EDC Torben Larsen A/S
Personnel
9 persons
Established
2017
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About EDC Torben Larsen A/S

EDC Torben Larsen A/S (CVR number: 38763253) is a company from SILKEBORG. The company recorded a gross profit of 5223.6 kDKK in 2023. The operating profit was 997.3 kDKK, while net earnings were 773.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 39.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EDC Torben Larsen A/S's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 171.326 965.3411 032.545 375.975 223.58
EBIT59.312 270.424 270.19689.99997.34
Net earnings-53.101 734.873 319.05525.42773.39
Shareholders equity total461.132 195.994 315.041 840.462 113.85
Balance sheet total (assets)4 496.375 791.878 987.993 638.433 832.46
Net debt2 336.84- 486.62-2 800.88- 284.74- 440.36
Profitability
EBIT-%
ROA1.0 %44.1 %57.8 %10.9 %26.7 %
ROE-8.0 %130.6 %102.0 %17.1 %39.1 %
ROI1.3 %83.7 %129.7 %22.4 %50.5 %
Economic value added (EVA)180.111 761.553 239.52455.44694.52
Solvency
Equity ratio11.1 %41.6 %53.6 %59.4 %59.0 %
Gearing578.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.11.92.02.3
Current ratio0.41.01.61.42.0
Cash and cash equivalents331.44486.622 800.88284.74440.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:26.7%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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