THISTED VVS & BLIKKENSLAGERFORRETNING - LARS HANDEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 006.25 | ||||
Gross profit | 3 080.17 | 3 163.22 | 2 900.28 | 2 529.32 | 1 642.20 |
EBIT | 1 000.33 | 887.89 | 558.48 | 514.58 | - 115.87 |
Net earnings | 724.37 | 667.32 | 391.08 | 349.08 | - 135.97 |
Shareholders equity total | 1 556.25 | 2 223.57 | 1 947.34 | 2 296.42 | 2 160.45 |
Balance sheet total (assets) | 3 807.41 | 4 309.15 | 4 472.22 | 4 694.51 | 3 836.08 |
Net debt | 50.09 | 699.67 | 1 420.19 | 1 225.52 | 859.39 |
Profitability | |||||
EBIT-% | 6.2 % | ||||
ROA | 26.4 % | 22.0 % | 13.0 % | 11.8 % | -2.0 % |
ROE | 60.7 % | 35.3 % | 18.8 % | 16.5 % | -6.1 % |
ROI | 44.0 % | 35.9 % | 18.2 % | 15.7 % | -2.6 % |
Economic value added (EVA) | 648.69 | 588.83 | 287.08 | 230.14 | - 270.68 |
Solvency | |||||
Equity ratio | 45.4 % | 52.2 % | 43.6 % | 48.9 % | 56.5 % |
Gearing | 30.0 % | 31.5 % | 72.9 % | 53.6 % | 40.2 % |
Relative net indebtedness % | 28.0 % | ||||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.2 | 1.3 | 1.5 |
Current ratio | 1.8 | 2.1 | 1.7 | 1.9 | 2.2 |
Cash and cash equivalents | 416.06 | 0.87 | 0.26 | 5.29 | 8.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.3 | ||||
Net working capital % | 19.9 % | ||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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