L & M ANDERSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 176.16 | -65.28 | 136.20 | - 556.29 | 206.05 |
Shareholders equity total | 6 005.51 | 5 885.23 | 5 966.43 | 5 353.14 | 5 502.18 |
Balance sheet total (assets) | 6 019.54 | 5 900.41 | 5 981.76 | 5 366.96 | 5 532.95 |
Net debt | -44.70 | - 101.51 | -57.87 | - 141.88 | - 139.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.8 % | -0.7 % | 3.4 % | 3.3 % | 4.8 % |
ROE | 3.0 % | -1.1 % | 2.3 % | -9.8 % | 3.8 % |
ROI | 3.8 % | -0.7 % | 3.4 % | 3.3 % | 4.9 % |
Economic value added (EVA) | - 371.83 | - 382.17 | - 374.80 | - 380.77 | - 343.07 |
Solvency | |||||
Equity ratio | 99.8 % | 99.7 % | 99.7 % | 99.7 % | 99.4 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.4 | 16.2 | 11.1 | 32.8 | 13.1 |
Current ratio | 12.4 | 16.2 | 11.1 | 32.8 | 13.1 |
Cash and cash equivalents | 46.23 | 104.19 | 60.70 | 141.88 | 139.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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