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TØMRERFIRMAET MICHAEL LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29976082
Havnegade 33, 9340 Asaa
michael@wex.dk
tel: 29901070
toemrer-michael.dk
Free credit report Annual report

Credit rating

Company information

Official name
TØMRERFIRMAET MICHAEL LARSEN ApS
Personnel
9 persons
Established
2006
Company form
Private limited company
Industry

About TØMRERFIRMAET MICHAEL LARSEN ApS

TØMRERFIRMAET MICHAEL LARSEN ApS (CVR number: 29976082) is a company from Brønderslev. The company recorded a gross profit of 2036.2 kDKK in 2025. The operating profit was 386.8 kDKK, while net earnings were 272 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.5 %, 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. TØMRERFIRMAET MICHAEL LARSEN ApS's liquidity measured by quick ratio was 1.8 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 259.231 805.752 212.332 283.482 036.24
EBIT123.88289.07344.05379.62386.78
Net earnings284.77407.12438.47491.51272.04
Shareholders equity total1 793.342 200.462 638.933 130.442 752.49
Balance sheet total (assets)5 630.606 978.597 374.847 219.316 045.84
Net debt2 222.46563.41917.001 661.94192.92
Profitability
EBIT-%
ROA6.3 %7.6 %8.8 %9.6 %6.8 %
ROE14.6 %20.4 %18.1 %17.0 %9.2 %
ROI8.5 %11.2 %13.1 %12.9 %9.8 %
Economic value added (EVA)-84.3321.0340.1737.1212.58
Solvency
Equity ratio31.8 %34.0 %35.8 %43.4 %45.5 %
Gearing126.4 %103.0 %93.8 %82.6 %25.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.11.31.8
Current ratio1.01.11.21.31.8
Cash and cash equivalents44.491 703.561 559.50924.68514.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.78%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
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