Lars Terkelsen Holding 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41313706
Brogade 2 A, 5500 Middelfart

Company information

Official name
Lars Terkelsen Holding 2020 ApS
Established
2020
Company form
Private limited company
Industry

About Lars Terkelsen Holding 2020 ApS

Lars Terkelsen Holding 2020 ApS (CVR number: 41313706K) is a company from MIDDELFART. The company recorded a gross profit of 29.4 mDKK in 2024. The operating profit was 21.7 mDKK, while net earnings were 21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Lars Terkelsen Holding 2020 ApS's liquidity measured by quick ratio was 2.6 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 profit31 158.0025 409.0038 960.0026 641.0029 361.59
EBIT23 285.0017 610.0029 046.0018 595.0021 707.87
Net earnings28 859.0025 668.0013 054.0017 398.0021 610.46
Shareholders equity total86 541.00106 863.00116 859.00127 258.00145 127.45
Balance sheet total (assets)107 318.00129 050.00143 330.00155 134.00189 628.62
Net debt-68 934.00-49 669.11
Profitability
EBIT-%
ROA27.1 %14.9 %21.3 %16.6 %17.9 %
ROE40.0 %26.5 %11.7 %17.2 %24.1 %
ROI27.1 %14.9 %21.3 %16.4 %16.7 %
Economic value added (EVA)20 376.3813 261.3123 676.138 566.6410 166.46
Solvency
Equity ratio100.0 %100.0 %100.0 %82.0 %76.5 %
Gearing16.9 %27.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.92.6
Current ratio4.12.7
Cash and cash equivalents90 478.0089 620.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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