THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S — Credit Rating and Financial Key Figures

CVR number: 27510515
Karetmagervej 1, Tilsted 7700 Thisted
tel: 97912970

Credit rating

Company information

Official name
THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S
Personnel
4 persons
Established
2004
Domicile
Tilsted
Company form
Limited company
Industry

About THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S

THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S (CVR number: 27510515) is a company from THISTED. The company recorded a gross profit of 1642.2 kDKK in 2024. The operating profit was -115.9 kDKK, while net earnings were -136 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales9 006.25
Gross profit3 080.173 163.222 900.282 529.321 642.20
EBIT1 000.33887.89558.48514.58- 115.87
Net earnings724.37667.32391.08349.08- 135.97
Shareholders equity total1 556.252 223.571 947.342 296.422 160.45
Balance sheet total (assets)3 807.414 309.154 472.224 694.513 836.08
Net debt50.09699.671 420.191 225.52859.39
Profitability
EBIT-%6.2 %
ROA26.4 %22.0 %13.0 %11.8 %-2.0 %
ROE60.7 %35.3 %18.8 %16.5 %-6.1 %
ROI44.0 %35.9 %18.2 %15.7 %-2.6 %
Economic value added (EVA)648.69588.83287.08230.14- 270.68
Solvency
Equity ratio45.4 %52.2 %43.6 %48.9 %56.5 %
Gearing30.0 %31.5 %72.9 %53.6 %40.2 %
Relative net indebtedness %28.0 %
Liquidity
Quick ratio1.71.71.21.31.5
Current ratio1.82.11.71.92.2
Cash and cash equivalents416.060.870.265.298.13
Capital use efficiency
Trade debtors turnover (days)76.3
Net working capital %19.9 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:-2.03%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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