LARSEN OG TAMBORG A/S — Credit Rating and Financial Key Figures

CVR number: 10895979
Barfredsvej 1, 9900 Frederikshavn
mail@larsen-tamborg.dk
tel: 98426353
www.larsen-tamborg.dk

Credit rating

Company information

Official name
LARSEN OG TAMBORG A/S
Personnel
35 persons
Established
1987
Company form
Limited company
Industry

About LARSEN OG TAMBORG A/S

LARSEN OG TAMBORG A/S (CVR number: 10895979) is a company from FREDERIKSHAVN. The company recorded a gross profit of 16.4 mDKK in 2024. The operating profit was 874.9 kDKK, while net earnings were 563.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29 %, 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. LARSEN OG TAMBORG A/S's liquidity measured by quick ratio was 1.6 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 profit18 460.1018 512.3116 514.3317 488.8316 422.99
EBIT2 382.732 515.28854.461 583.71874.86
Net earnings1 750.121 781.62484.821 127.29563.48
Shareholders equity total3 018.394 100.003 884.825 012.114 575.59
Balance sheet total (assets)11 051.9813 775.9016 731.7816 949.1415 797.80
Net debt-2 472.64-1 962.11-5 005.02-5 444.44-4 610.90
Profitability
EBIT-%
ROA27.4 %20.3 %5.6 %9.8 %6.0 %
ROE78.0 %50.1 %12.1 %25.3 %11.8 %
ROI68.3 %47.7 %14.6 %28.4 %17.6 %
Economic value added (EVA)1 777.301 792.71390.24990.70392.07
Solvency
Equity ratio27.3 %29.8 %23.2 %29.6 %29.0 %
Gearing2.0 %1.2 %1.5 %0.6 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.61.41.51.6
Current ratio1.71.61.51.61.6
Cash and cash equivalents2 532.642 013.295 065.025 474.444 670.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.04%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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