LOLLAND ENERGI HOLDING A/S
Credit rating
Company information
About LOLLAND ENERGI HOLDING A/S
LOLLAND ENERGI HOLDING A/S (CVR number: 28654200K) is a company from LOLLAND. The company reported a net sales of 242 mDKK in 2023, demonstrating a growth of 8.3 % compared to the previous year. The operating profit percentage was at 20.1 % (EBIT: 48.5 mDKK), while net earnings were 34.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LOLLAND ENERGI HOLDING A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 222.14 | 233.55 | 236.19 | 223.43 | 242.00 |
Gross profit | 171.09 | 154.26 | 159.64 | 145.37 | 156.55 |
EBIT | 51.31 | 38.98 | 40.78 | 35.19 | 48.52 |
Net earnings | 40.89 | 21.38 | 32.01 | 32.22 | 34.24 |
Shareholders equity total | 1 002.62 | 1 022.01 | 1 075.26 | 1 169.36 | 1 193.23 |
Balance sheet total (assets) | 2 032.63 | 2 088.56 | 2 080.79 | 2 099.44 | 2 115.16 |
Net debt | 640.50 | 616.63 | |||
Profitability | |||||
EBIT-% | 23.1 % | 16.7 % | 17.3 % | 15.7 % | 20.1 % |
ROA | 2.6 % | 1.9 % | 2.0 % | 1.1 % | 2.6 % |
ROE | 4.1 % | 2.1 % | 3.1 % | 2.9 % | 2.9 % |
ROI | 2.8 % | 1.9 % | 2.0 % | 2.5 % | 2.8 % |
Economic value added (EVA) | -29.23 | -11.41 | -10.57 | -29.05 | -43.06 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 55.7 % | 56.4 % |
Gearing | 61.4 % | 58.5 % | |||
Relative net indebtedness % | 351.1 % | 320.8 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.2 | |||
Current ratio | 1.6 | 1.3 | |||
Cash and cash equivalents | 77.99 | 80.83 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.0 | 53.3 | |||
Net working capital % | 7.3 % | -3.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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