LACE A/S — Credit Rating and Financial Key Figures

CVR number: 30693248
Fjordvejen 116 E, Sønderhav 6340 Kruså
lace@lace.dk
tel: 70211084
www.lace.dk
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Company information

Official name
LACE A/S
Personnel
3 persons
Established
2007
Domicile
Sønderhav
Company form
Limited company
Industry

About LACE A/S

LACE A/S (CVR number: 30693248) is a company from AABENRAA. The company recorded a gross profit of 1999 kDKK in 2024. The operating profit was 1009.7 kDKK, while net earnings were 1268.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. LACE A/S's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 416.142 013.322 173.202 300.241 998.97
EBIT836.441 461.771 577.061 365.571 009.67
Net earnings670.981 164.961 096.051 448.111 268.86
Shareholders equity total3 859.634 424.594 320.634 668.754 537.61
Balance sheet total (assets)7 145.688 989.349 032.2511 522.957 722.91
Net debt- 131.85-3 541.60- 944.19- 909.83- 130.71
Profitability
EBIT-%
ROA14.1 %20.9 %18.9 %19.4 %17.9 %
ROE15.9 %28.1 %25.1 %32.2 %27.6 %
ROI19.6 %32.8 %26.1 %22.7 %21.0 %
Economic value added (EVA)378.62903.85950.46688.50282.96
Solvency
Equity ratio54.0 %49.2 %47.8 %40.5 %58.8 %
Gearing21.9 %25.8 %73.2 %115.0 %39.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.01.91.72.3
Current ratio2.12.01.91.72.3
Cash and cash equivalents975.534 682.134 104.756 280.411 930.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBA

Variable visualization

ROA:17.9%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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