LAO Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LAO Holding ApS
LAO Holding ApS (CVR number: 37241776) is a company from KØBENHAVN. The company recorded a gross profit of -103 kDKK in 2023. The operating profit was -103 kDKK, while net earnings were -154.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12 %, which can be considered poor and Return on Equity (ROE) was -33.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LAO Holding ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.59 | -17.32 | - 102.82 | -6.72 | - 103.01 |
EBIT | -12.59 | -17.32 | - 102.82 | -6.72 | - 103.01 |
Net earnings | 56.21 | -22.55 | - 179.07 | -24.41 | - 154.24 |
Shareholders equity total | 1 478.06 | 344.91 | 165.85 | 141.44 | -12.80 |
Balance sheet total (assets) | 1 484.06 | 350.91 | 181.60 | 929.77 | 779.53 |
Net debt | -1 384.69 | -84.52 | -3.60 | 385.78 | 341.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 0.2 % | -38.6 % | -1.2 % | -12.0 % |
ROE | 3.6 % | -2.5 % | -70.1 % | -15.9 % | -33.5 % |
ROI | 3.6 % | 0.2 % | -40.2 % | -1.9 % | -22.7 % |
Economic value added (EVA) | -10.67 | -22.01 | - 117.19 | -14.87 | - 109.63 |
Solvency | |||||
Equity ratio | 99.6 % | 98.3 % | 91.3 % | 15.2 % | -1.6 % |
Gearing | 279.7 % | -2900.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 232.8 | 17.3 | 0.7 | 0.5 | 2.4 |
Current ratio | 247.3 | 58.5 | 11.5 | 8.4 | 2.4 |
Cash and cash equivalents | 1 384.69 | 84.52 | 3.60 | 9.77 | 29.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BBB | BB |
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