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

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

Credit rating

Company information

Official name
F. LARSEN TAGMATERIALER A/S
Personnel
4 persons
Established
1985
Company form
Limited company
Industry

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 5023.7 kDKK in 2024. The operating profit was 2473.6 kDKK, while net earnings were 1874 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 48.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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 modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit7 662.288 226.756 771.606 398.075 023.66
EBIT5 209.085 941.844 170.253 840.352 473.59
Net earnings4 551.044 932.713 797.972 879.981 873.98
Shareholders equity total5 832.216 264.935 262.894 342.873 416.85
Balance sheet total (assets)19 796.5924 789.3824 855.3912 883.2211 604.83
Net debt-1 868.21-8 270.94-9 294.18-7 567.76-3 809.21
Profitability
EBIT-%
ROA32.7 %30.6 %22.0 %22.7 %21.0 %
ROE86.6 %81.6 %65.9 %60.0 %48.3 %
ROI49.7 %67.8 %93.6 %88.1 %51.5 %
Economic value added (EVA)3 500.173 941.372 916.702 720.071 697.07
Solvency
Equity ratio29.5 %25.3 %21.2 %33.7 %29.4 %
Gearing134.0 %62.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.11.21.1
Current ratio1.11.31.21.51.4
Cash and cash equivalents9 684.248 270.949 294.187 567.765 945.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-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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