Lars Terkelsen Holding 2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31 158.00 | 25 409.00 | 38 960.00 | 26 641.00 | 29 361.59 |
EBIT | 23 285.00 | 17 610.00 | 29 046.00 | 18 595.00 | 21 707.87 |
Net earnings | 28 859.00 | 25 668.00 | 13 054.00 | 17 398.00 | 21 610.46 |
Shareholders equity total | 86 541.00 | 106 863.00 | 116 859.00 | 127 258.00 | 145 127.45 |
Balance sheet total (assets) | 107 318.00 | 129 050.00 | 143 330.00 | 155 134.00 | 189 628.62 |
Net debt | -68 934.00 | -49 669.11 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 27.1 % | 14.9 % | 21.3 % | 16.6 % | 17.9 % |
ROE | 40.0 % | 26.5 % | 11.7 % | 17.2 % | 24.1 % |
ROI | 27.1 % | 14.9 % | 21.3 % | 16.4 % | 16.7 % |
Economic value added (EVA) | 20 376.38 | 13 261.31 | 23 676.13 | 8 566.64 | 10 166.46 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 82.0 % | 76.5 % |
Gearing | 16.9 % | 27.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.9 | 2.6 | |||
Current ratio | 4.1 | 2.7 | |||
Cash and cash equivalents | 90 478.00 | 89 620.30 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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