TB Larsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TB Larsen Holding ApS
TB Larsen Holding ApS (CVR number: 40634746) is a company from HOLSTEBRO. The company recorded a gross profit of -25 kDKK in 2024. The operating profit was -25 kDKK, while net earnings were 893.2 kDKK. 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 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.2 %, 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. TB Larsen Holding ApS's liquidity measured by quick ratio was 2.4 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 | -10.67 | -8.47 | -25.02 | -19.23 | -24.95 |
EBIT | -10.67 | -8.47 | -25.02 | -19.23 | -24.95 |
Net earnings | 928.77 | 1 049.66 | 1 012.06 | 1 283.14 | 893.24 |
Shareholders equity total | 968.77 | 1 905.43 | 2 803.09 | 3 968.43 | 5 095.67 |
Balance sheet total (assets) | 1 212.40 | 2 093.33 | 3 235.81 | 4 899.19 | 6 515.64 |
Net debt | 5.67 | 11.74 | 111.86 | - 218.07 | 847.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 76.5 % | 63.5 % | 38.2 % | 32.1 % | 17.9 % |
ROE | 95.9 % | 73.0 % | 43.0 % | 37.9 % | 19.7 % |
ROI | 95.2 % | 71.8 % | 41.7 % | 36.6 % | 19.1 % |
Economic value added (EVA) | -9.57 | -55.58 | - 118.44 | - 165.42 | - 234.48 |
Solvency | |||||
Equity ratio | 79.9 % | 91.0 % | 86.6 % | 81.0 % | 78.2 % |
Gearing | 0.6 % | 2.1 % | 4.7 % | 6.0 % | 26.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 1.8 | 1.1 | 2.4 |
Current ratio | 1.0 | 0.9 | 1.8 | 1.1 | 2.4 |
Cash and cash equivalents | 28.35 | 20.55 | 456.53 | 514.57 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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