LARS THOMASSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS THOMASSEN ApS
LARS THOMASSEN ApS (CVR number: 35843620) is a company from SKIVE. The company recorded a gross profit of 733.7 kDKK in 2023. The operating profit was -418.6 kDKK, while net earnings were -342.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -61.2 %, which can be considered poor and Return on Equity (ROE) was -79.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LARS THOMASSEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 080.47 | 1 023.60 | 1 285.04 | 1 128.05 | 733.69 |
EBIT | - 143.29 | - 126.64 | 184.56 | -29.63 | - 418.55 |
Net earnings | - 118.25 | - 101.76 | 141.39 | -24.32 | - 342.84 |
Shareholders equity total | 188.64 | 86.88 | 228.27 | 203.94 | - 138.89 |
Balance sheet total (assets) | 662.33 | 573.53 | 743.30 | 568.86 | 660.83 |
Net debt | - 198.43 | -71.04 | - 199.59 | - 176.21 | 48.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.3 % | -20.5 % | 28.0 % | -4.5 % | -61.2 % |
ROE | -44.1 % | -73.9 % | 89.7 % | -11.3 % | -79.3 % |
ROI | -52.9 % | -91.8 % | 116.9 % | -13.7 % | -234.2 % |
Economic value added (EVA) | - 124.19 | -98.76 | 143.12 | -24.95 | - 327.96 |
Solvency | |||||
Equity ratio | 28.5 % | 15.1 % | 30.7 % | 35.9 % | -17.4 % |
Gearing | 0.2 % | 0.2 % | 0.2 % | 0.4 % | -109.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | 1.0 | 1.0 | 0.6 |
Current ratio | 1.0 | 0.8 | 1.0 | 1.0 | 0.6 |
Cash and cash equivalents | 198.76 | 71.20 | 200.16 | 176.95 | 104.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | C |
Variable visualization
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