TØMRERMESTER OLE LARSEN & SØNNER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TØMRERMESTER OLE LARSEN & SØNNER ApS
TØMRERMESTER OLE LARSEN & SØNNER ApS (CVR number: 31493005) is a company from ODENSE. The company recorded a gross profit of 4223.2 kDKK in 2023. The operating profit was -105.8 kDKK, while net earnings were -87.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.9 %, 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. TØMRERMESTER OLE LARSEN & SØNNER ApS's liquidity measured by quick ratio was 2 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 | 4 688.00 | 3 546.00 | 4 858.00 | 5 158.00 | 4 223.24 |
EBIT | 408.00 | - 210.00 | 14.00 | 377.00 | - 105.77 |
Net earnings | 302.00 | - 168.00 | 14.00 | 280.00 | -87.59 |
Shareholders equity total | 1 009.00 | 842.00 | 856.00 | 1 136.00 | 1 048.33 |
Balance sheet total (assets) | 2 930.00 | 3 523.00 | 3 042.00 | 2 679.00 | 2 500.35 |
Net debt | 609.00 | - 119.00 | - 962.00 | 157.00 | 129.34 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.6 % | -6.0 % | 0.9 % | 14.2 % | -2.9 % |
ROE | 35.2 % | -18.2 % | 1.6 % | 28.1 % | -8.0 % |
ROI | 28.4 % | -12.7 % | 2.2 % | 31.3 % | -5.8 % |
Economic value added (EVA) | 264.44 | - 219.42 | -3.25 | 298.55 | - 141.43 |
Solvency | |||||
Equity ratio | 34.4 % | 23.9 % | 28.1 % | 42.4 % | 41.9 % |
Gearing | 60.4 % | 53.8 % | 13.8 % | 12.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.5 | 2.1 | 2.0 |
Current ratio | 1.5 | 1.2 | 1.6 | 2.2 | 2.1 |
Cash and cash equivalents | 572.00 | 962.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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