Lars Nørgård Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39158795
Idrætsvej 15, 7752 Snedsted
Lars@thytag.dk
tel: 52379732

Credit rating

Company information

Official name
Lars Nørgård Holding ApS
Established
2017
Company form
Private limited company
Industry

About Lars Nørgård Holding ApS

Lars Nørgård Holding ApS (CVR number: 39158795) is a company from THISTED. The company recorded a gross profit of 37.7 kDKK in 2024. The operating profit was 26.2 kDKK, while net earnings were 1718.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.8 %, which can be considered excellent and Return on Equity (ROE) was 43.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Nørgård Holding ApS's liquidity measured by quick ratio was 4.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit42.5939.0539.1336.0537.69
EBIT31.1527.6027.6924.6126.25
Net earnings249.98930.281 239.86780.221 718.92
Shareholders equity total837.351 687.642 927.493 707.714 226.64
Balance sheet total (assets)943.871 758.303 065.303 738.634 763.25
Net debt51.83-43.70- 667.65-1 753.95-1 127.72
Profitability
EBIT-%
ROA25.7 %69.6 %61.1 %35.2 %51.8 %
ROE32.6 %73.7 %53.7 %23.5 %43.3 %
ROI25.8 %71.5 %62.0 %35.2 %51.9 %
Economic value added (EVA)57.945.30-7.95-12.5243.22
Solvency
Equity ratio88.7 %96.0 %95.5 %99.2 %88.7 %
Gearing12.1 %4.5 %0.7 %12.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.64.88.976.44.3
Current ratio1.64.88.976.44.3
Cash and cash equivalents49.1643.70799.911 779.361 658.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:51.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.7%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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