THOR LARSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25547845
Arvad Møllevej 3, 7330 Brande

Company information

Official name
THOR LARSEN HOLDING ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About THOR LARSEN HOLDING ApS

THOR LARSEN HOLDING ApS (CVR number: 25547845) is a company from IKAST-BRANDE. The company recorded a gross profit of 219.9 kDKK in 2024. The operating profit was 168.7 kDKK, while net earnings were 370.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THOR LARSEN HOLDING ApS's liquidity measured by quick ratio was 18.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-49.30-26.2835.13-65.67219.87
EBIT- 214.00- 190.99- 129.57- 190.19168.68
Net earnings232.90316.12341.19149.92370.10
Shareholders equity total12 774.6012 090.719 196.908 146.828 516.92
Balance sheet total (assets)15 003.4413 933.8310 947.5610 385.938 660.66
Net debt2 186.34720.521 461.002 096.11-2 527.74
Profitability
EBIT-%
ROA1.6 %3.0 %3.7 %2.0 %5.5 %
ROE1.6 %2.5 %3.2 %1.7 %4.4 %
ROI1.6 %3.0 %3.7 %2.0 %5.6 %
Economic value added (EVA)-1 092.47- 942.77- 824.80- 735.35- 350.38
Solvency
Equity ratio85.1 %86.8 %84.0 %78.4 %98.3 %
Gearing17.1 %14.4 %18.0 %26.8 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.13.31.10.118.3
Current ratio0.13.31.10.118.3
Cash and cash equivalents1 024.09191.1686.502 614.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:5.53%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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