TORKIL LAURSEN A/S, RÅDGIVENDE INGENIØRFIRMA — Credit Rating and Financial Key Figures
Credit rating
Company information
About TORKIL LAURSEN A/S, RÅDGIVENDE INGENIØRFIRMA
TORKIL LAURSEN A/S, RÅDGIVENDE INGENIØRFIRMA (CVR number: 16167207) is a company from Høje-Taastrup. The company reported a net sales of 26.7 mDKK in 2023, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was at 11.4 % (EBIT: 3 mDKK), while net earnings were 2517.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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. TORKIL LAURSEN A/S, RÅDGIVENDE INGENIØRFIRMA's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22 091.08 | 23 736.31 | 22 763.14 | 24 838.41 | 26 660.44 |
Gross profit | 18 047.36 | 19 836.38 | 18 534.36 | 19 254.97 | 20 391.09 |
EBIT | 2 858.23 | 3 416.71 | 2 773.36 | 3 585.33 | 3 031.96 |
Net earnings | 2 233.13 | 2 745.92 | 1 799.02 | 2 808.47 | 2 517.41 |
Shareholders equity total | 4 249.62 | 5 155.54 | 4 354.56 | 5 341.02 | 5 058.44 |
Balance sheet total (assets) | 16 206.87 | 17 123.66 | 15 565.41 | 17 983.72 | 16 557.33 |
Net debt | -7 325.51 | -4 110.54 | -4 841.33 | -5 629.17 | -3 709.27 |
Profitability | |||||
EBIT-% | 12.9 % | 14.4 % | 12.2 % | 14.4 % | 11.4 % |
ROA | 21.2 % | 21.4 % | 14.7 % | 21.8 % | 19.3 % |
ROE | 54.7 % | 58.4 % | 37.8 % | 57.9 % | 48.4 % |
ROI | 41.3 % | 39.1 % | 24.8 % | 37.8 % | 32.6 % |
Economic value added (EVA) | 2 158.93 | 2 817.48 | 2 109.14 | 2 827.91 | 2 363.18 |
Solvency | |||||
Equity ratio | 26.2 % | 30.1 % | 28.0 % | 29.7 % | 30.6 % |
Gearing | 2.6 % | ||||
Relative net indebtedness % | 8.9 % | 19.3 % | 12.0 % | 13.6 % | 14.3 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.7 | 1.8 | 1.9 |
Current ratio | 1.6 | 1.8 | 1.7 | 1.8 | 1.9 |
Cash and cash equivalents | 7 325.51 | 4 110.54 | 4 956.09 | 5 629.17 | 3 709.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 67.3 | 67.1 | 63.1 | 77.3 | 66.6 |
Net working capital % | 21.4 % | 22.0 % | 19.5 % | 22.6 % | 19.7 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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