F. LARSEN TAGMATERIALER A/S — Credit Rating and Financial Key Figures

CVR number: 10125596
Plastvænget 15-19, 9560 Hadsund
jl@tagmaterialer.dk
tel: 98574866

Credit rating

Company information

Official name
F. LARSEN TAGMATERIALER A/S
Personnel
5 persons
Established
1985
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About F. LARSEN TAGMATERIALER A/S

F. LARSEN TAGMATERIALER A/S (CVR number: 10125596) is a company from MARIAGERFJORD. The company recorded a gross profit of 6398.1 kDKK in 2023. The operating profit was 3840.3 kDKK, while net earnings were 2880 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent and Return on Equity (ROE) was 60 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. F. LARSEN TAGMATERIALER A/S's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 843.557 662.288 226.756 771.606 398.07
EBIT5 399.025 209.085 941.844 170.253 840.35
Net earnings3 581.994 551.044 932.713 797.972 879.98
Shareholders equity total4 681.175 832.216 264.935 262.894 342.87
Balance sheet total (assets)18 805.1919 796.5924 789.3824 855.3912 883.22
Net debt-3 484.82-1 868.21-8 270.94-9 294.18-7 567.76
Profitability
EBIT-%
ROA37.0 %32.7 %30.6 %22.0 %22.7 %
ROE94.5 %86.6 %81.6 %65.9 %60.0 %
ROI50.8 %49.7 %67.8 %93.6 %88.1 %
Economic value added (EVA)4 284.174 300.584 826.413 336.893 189.90
Solvency
Equity ratio24.9 %29.5 %25.3 %21.2 %33.7 %
Gearing131.8 %134.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.11.11.1
Current ratio1.01.11.31.21.4
Cash and cash equivalents9 655.399 684.248 270.949 294.187 567.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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