LOLLAND ENERGI HOLDING A/S

CVR number: 28654200
Stavangervej 13, 4900 Nakskov
forsyning@lollandforsyning.dk

Credit rating

Company information

Official name
LOLLAND ENERGI HOLDING A/S
Established
2006
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales222.14233.55236.19223.43242.00
Gross profit171.09154.26159.64145.37156.55
EBIT51.3138.9840.7835.1948.52
Net earnings40.8921.3832.0132.2234.24
Shareholders equity total1 002.621 022.011 075.261 169.361 193.23
Balance sheet total (assets)2 032.632 088.562 080.792 099.442 115.16
Net debt640.50616.63
Profitability
EBIT-%23.1 %16.7 %17.3 %15.7 %20.1 %
ROA2.6 %1.9 %2.0 %1.1 %2.6 %
ROE4.1 %2.1 %3.1 %2.9 %2.9 %
ROI2.8 %1.9 %2.0 %2.5 %2.8 %
Economic value added (EVA)-29.23-11.41-10.57-29.05-43.06
Solvency
Equity ratio100.0 %100.0 %100.0 %55.7 %56.4 %
Gearing61.4 %58.5 %
Relative net indebtedness %351.1 %320.8 %
Liquidity
Quick ratio1.51.2
Current ratio1.61.3
Cash and cash equivalents77.9980.83
Capital use efficiency
Trade debtors turnover (days)38.053.3
Net working capital %7.3 %-3.4 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:2.58%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.4%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member

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