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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 the company

LOLLAND ENERGI HOLDING A/S (CVR number: 28654200K) is a company from LOLLAND. The company reported a net sales of 233.2 mDKK in 2022, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 35.2 mDKK), while net earnings were 32.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, 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 55.7 %, 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 1.5 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
20182019202020212022
Volume
Net sales220.37221.79233.21236.19233.19
Gross profit167.76170.41153.92159.64155.13
EBIT59.7058.4940.2142.8135.19
Net earnings112.4840.5521.0432.0132.22
Shareholders equity total978.711 008.951 028.681 075.261 169.36
Balance sheet total (assets)1 871.092 032.632 088.562 080.792 099.44
Net debt603.26705.87671.78642.05640.50
Profitability
EBIT-%27.1 %26.4 %17.2 %18.1 %15.1 %
ROA3.4 %2.2 %1.2 %2.2 %1.1 %
ROE12.2 %4.1 %2.1 %3.0 %2.9 %
ROI3.9 %4.3 %3.0 %2.4 %2.6 %
Economic value added (EVA)-30.08-21.47-46.71-33.97-61.53
Solvency
Equity ratio52.3 %49.6 %49.3 %51.7 %55.7 %
Gearing66.4 %75.9 %76.7 %69.8 %61.4 %
Relative net indebtedness %355.3 %406.0 %379.4 %353.5 %336.4 %
Liquidity
Quick ratio0.60.60.91.11.5
Current ratio0.60.71.01.11.6
Cash and cash equivalents46.2060.13117.24108.2077.99
Capital use efficiency
Trade debtors turnover (days)57.963.256.455.636.4
Net working capital %-28.4 %-40.6 %-25.9 %-15.8 %7.0 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:1.07%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%

Roles

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

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