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

CVR number: 41313706
Brogade 2 A, 5500 Middelfart

Credit rating

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 26.6 mDKK in 2023. The operating profit was 18.6 mDKK, while net earnings were 17.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lars Terkelsen Holding 2020 ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit24 132.0031 158.0025 409.0038 960.0026 640.54
EBIT15 922.0023 285.0017 610.0029 046.0018 594.23
Net earnings14 531.0028 859.0025 668.0013 054.0017 398.07
Shareholders equity total57 883.0086 541.00106 863.00116 859.00127 258.15
Balance sheet total (assets)64 724.00107 318.00129 050.00143 330.00155 134.25
Net debt-56 231.00-68 931.55
Profitability
EBIT-%
ROA24.6 %27.1 %14.9 %23.3 %16.6 %
ROE25.1 %40.0 %26.5 %13.9 %20.9 %
ROI24.6 %27.1 %14.9 %23.1 %16.8 %
Economic value added (EVA)15 922.0020 376.3813 261.3116 095.6312 383.74
Solvency
Equity ratio100.0 %100.0 %100.0 %81.5 %82.0 %
Gearing16.9 %16.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.83.9
Current ratio4.04.1
Cash and cash equivalents75 960.0090 474.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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