Lottrup & Co A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lottrup & Co A/S
Lottrup & Co A/S (CVR number: 24902412) is a company from HØRSHOLM. The company reported a net sales of 574.8 mDKK in 2023, demonstrating a growth of 11.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 24.4 mDKK), while net earnings were 24.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent but Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Lottrup & Co A/S's liquidity measured by quick ratio was 3.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 409.70 | 514.35 | 574.85 | ||
Gross profit | -0.46 | -0.10 | 131.99 | 139.20 | 153.93 |
EBIT | -0.94 | -1.12 | 16.28 | 20.01 | 24.35 |
Net earnings | 26.25 | 24.48 | 28.35 | 9.94 | 24.28 |
Shareholders equity total | 193.94 | 188.62 | 211.81 | 221.08 | 242.60 |
Balance sheet total (assets) | 201.04 | 190.41 | 286.77 | 315.61 | 379.73 |
Net debt | -28.25 | -2.72 | -22.75 | - 113.93 | - 172.39 |
Profitability | |||||
EBIT-% | 4.0 % | 3.9 % | 4.2 % | ||
ROA | 17.2 % | 14.6 % | 14.8 % | 7.5 % | 18.3 % |
ROE | 13.4 % | 12.8 % | 14.2 % | 4.6 % | 10.5 % |
ROI | 17.5 % | 15.0 % | 17.0 % | 9.8 % | 25.7 % |
Economic value added (EVA) | -10.72 | -10.60 | 2.68 | 4.53 | 5.78 |
Solvency | |||||
Equity ratio | 96.5 % | 99.1 % | 79.3 % | 73.9 % | 68.8 % |
Gearing | 4.8 % | 2.8 % | 1.5 % | ||
Relative net indebtedness % | 9.0 % | -6.9 % | -8.6 % | ||
Liquidity | |||||
Quick ratio | 9.8 | 18.1 | 3.0 | 3.9 | 3.1 |
Current ratio | 9.8 | 18.1 | 2.3 | 3.1 | 2.4 |
Cash and cash equivalents | 28.25 | 2.72 | 32.88 | 120.22 | 176.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.3 | 64.9 | 66.4 | ||
Net working capital % | 18.7 % | 15.2 % | 5.4 % | ||
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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