L & M ANDERSEN A/S — Credit Rating and Financial Key Figures

CVR number: 76405913
Sødringholmsvej 24, 8930 Randers NØ
tel: 86417122
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Credit rating

Company information

Official name
L & M ANDERSEN A/S
Established
1984
Company form
Limited company
Industry

About L & M ANDERSEN A/S

L & M ANDERSEN A/S (CVR number: 76405913) is a company from RANDERS. The company recorded a gross profit of -44.1 kDKK in 2023. The operating profit was -104.1 kDKK, while net earnings were 206 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L & M ANDERSEN A/S's liquidity measured by quick ratio was 13.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-52.50-46.05-48.07-47.70-44.11
EBIT- 112.50- 106.05- 108.07- 107.70- 104.11
Net earnings176.16-65.28136.20- 556.29206.05
Shareholders equity total6 005.515 885.235 966.435 353.145 502.18
Balance sheet total (assets)6 019.545 900.415 981.765 366.965 532.95
Net debt-44.70- 101.51-57.87- 141.88- 139.18
Profitability
EBIT-%
ROA3.8 %-0.7 %3.4 %3.3 %4.8 %
ROE3.0 %-1.1 %2.3 %-9.8 %3.8 %
ROI3.8 %-0.7 %3.4 %3.3 %4.9 %
Economic value added (EVA)- 371.83- 382.17- 374.80- 380.77- 343.07
Solvency
Equity ratio99.8 %99.7 %99.7 %99.7 %99.4 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio12.416.211.132.813.1
Current ratio12.416.211.132.813.1
Cash and cash equivalents46.23104.1960.70141.88139.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.85%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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