Credit rating
Company information
About LARS JOHANNING A/S
LARS JOHANNING A/S (CVR number: 35832823) is a company from AABENRAA. The company recorded a gross profit of 20.7 mDKK in 2022. The operating profit was 4236 kDKK, while net earnings were 3284.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 45.9 %, which can be considered excellent and Return on Equity (ROE) was 88.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LARS JOHANNING A/S's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 11 987.51 | 14 018.54 | 15 353.94 | 18 338.71 | 20 727.91 |
EBIT | 3 683.74 | 3 831.54 | 4 065.11 | 4 054.05 | 4 236.00 |
Net earnings | 2 839.02 | 2 904.74 | 3 077.48 | 3 101.00 | 3 284.57 |
Shareholders equity total | 3 339.02 | 3 404.74 | 3 577.48 | 3 601.00 | 3 784.57 |
Balance sheet total (assets) | 8 499.05 | 10 600.35 | 12 073.56 | 10 768.50 | 7 924.55 |
Net debt | - 301.26 | - 752.92 | -3 840.53 | 2 190.86 | 234.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 51.3 % | 40.1 % | 35.9 % | 35.5 % | 45.9 % |
ROE | 85.9 % | 86.1 % | 88.2 % | 86.4 % | 88.9 % |
ROI | 84.4 % | 63.1 % | 65.5 % | 70.8 % | 87.0 % |
Economic value added (EVA) | 2 746.56 | 2 930.43 | 3 201.73 | 3 255.53 | 3 128.21 |
Solvency | |||||
Equity ratio | 39.3 % | 32.1 % | 29.6 % | 33.8 % | 47.8 % |
Gearing | 57.9 % | 97.4 % | 56.5 % | 61.5 % | 6.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 1.0 | 1.1 | 1.2 |
Current ratio | 1.2 | 1.1 | 1.0 | 1.1 | 1.2 |
Cash and cash equivalents | 2 235.21 | 4 069.84 | 5 861.32 | 24.12 | 16.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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