LUTUS FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LUTUS FINANS A/S
LUTUS FINANS A/S (CVR number: 28112068) is a company from SKANDERBORG. The company recorded a gross profit of -320.5 kDKK in 2023. The operating profit was -815.2 kDKK, while net earnings were 4985.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LUTUS FINANS A/S's liquidity measured by quick ratio was 3 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 | - 310.51 | - 164.49 | - 314.33 | - 257.36 | - 320.51 |
EBIT | - 674.18 | - 528.42 | - 759.20 | - 739.63 | - 815.23 |
Net earnings | 2 058.47 | 6 708.04 | - 749.04 | -1 463.86 | 4 985.45 |
Shareholders equity total | 54 081.15 | 60 678.60 | 142 129.53 | 140 548.35 | 145 430.17 |
Balance sheet total (assets) | 75 069.61 | 112 185.86 | 161 520.05 | 160 154.79 | 170 503.60 |
Net debt | 20 819.87 | -3 299.37 | -91 597.02 | -73 367.91 | -68 192.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 10.1 % | 1.6 % | 0.8 % | 4.4 % |
ROE | 3.9 % | 11.7 % | -0.7 % | -1.0 % | 3.5 % |
ROI | 3.7 % | 13.8 % | 2.1 % | 0.9 % | 4.9 % |
Economic value added (EVA) | -1 136.52 | -1 330.83 | -3 051.39 | 190.19 | - 571.35 |
Solvency | |||||
Equity ratio | 72.0 % | 54.1 % | 88.0 % | 87.8 % | 85.3 % |
Gearing | 38.6 % | 0.8 % | 1.5 % | 4.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 4.9 | 4.1 | 3.0 |
Current ratio | 0.6 | 0.2 | 4.9 | 4.1 | 3.0 |
Cash and cash equivalents | 60.47 | 3 793.68 | 91 597.02 | 75 470.32 | 74 955.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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