Lolland Vand og Energi A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lolland Vand og Energi A/S
Lolland Vand og Energi A/S (CVR number: 28654200K) is a company from LOLLAND. The company reported a net sales of 231.4 mDKK in 2024, demonstrating a decline of -4.4 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 17.9 mDKK), while net earnings were 4821 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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 Vand og Energi A/S's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 233.55 | 236.19 | 223.43 | 242.00 | 231.41 |
Gross profit | 154.26 | 159.64 | 145.37 | 156.55 | 144.52 |
EBIT | 38.98 | 40.78 | 33.52 | 48.52 | 17.88 |
Net earnings | 21.38 | 32.01 | 32.22 | 34.24 | 4.82 |
Shareholders equity total | 1 022.01 | 1 075.26 | 1 169.36 | 1 193.23 | 1 194.34 |
Balance sheet total (assets) | 2 088.56 | 2 080.79 | 2 099.44 | 2 115.16 | 2 049.22 |
Net debt | 616.63 | 570.77 | |||
Profitability | |||||
EBIT-% | 16.7 % | 17.3 % | 15.0 % | 20.1 % | 7.7 % |
ROA | 1.9 % | 2.0 % | 1.6 % | 2.6 % | 1.2 % |
ROE | 2.1 % | 3.1 % | 2.9 % | 2.9 % | 0.4 % |
ROI | 1.9 % | 2.0 % | 1.6 % | 2.7 % | 1.3 % |
Economic value added (EVA) | -11.41 | -10.57 | -20.52 | -14.06 | -87.15 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.4 % | 58.3 % |
Gearing | 58.5 % | 54.9 % | |||
Relative net indebtedness % | 320.8 % | 303.6 % | |||
Liquidity | |||||
Quick ratio | 1.2 | 1.3 | |||
Current ratio | 1.3 | 1.4 | |||
Cash and cash equivalents | 80.83 | 84.94 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.3 | 34.6 | |||
Net working capital % | -3.4 % | -13.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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