LAURSEN HOLDING AF 28. OKTOBER 2013 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LAURSEN HOLDING AF 28. OKTOBER 2013 ApS
LAURSEN HOLDING AF 28. OKTOBER 2013 ApS (CVR number: 35525289K) is a company from RUDERSDAL. The company reported a net sales of 1160 mDKK in 2020, demonstrating a growth of 49.7 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 79.2 mDKK), while net earnings were 73.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LAURSEN HOLDING AF 28. OKTOBER 2013 ApS'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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 863.64 | 629.20 | 1 279.19 | 775.05 | 1 160.01 |
Gross profit | 56.05 | 27.43 | 84.42 | 56.76 | 137.25 |
EBIT | 160.64 | 1.12 | 55.33 | 13.49 | 79.21 |
Net earnings | -90.19 | -23.54 | -33.32 | -65.93 | 73.81 |
Shareholders equity total | 679.09 | 635.54 | 590.23 | 511.73 | 575.56 |
Balance sheet total (assets) | 1 596.52 | 1 454.19 | 1 431.59 | 1 522.61 | 1 797.91 |
Net debt | 354.58 | 321.08 | 91.39 | 477.41 | 730.71 |
Profitability | |||||
EBIT-% | 18.6 % | 0.2 % | 4.3 % | 1.7 % | 6.8 % |
ROA | 12.9 % | 6.8 % | 6.5 % | 5.1 % | 6.9 % |
ROE | -13.5 % | -3.6 % | -5.5 % | -12.3 % | 14.0 % |
ROI | 15.2 % | 8.0 % | 8.3 % | 7.0 % | 9.1 % |
Economic value added (EVA) | 205.43 | -20.96 | 34.97 | 2.73 | 39.79 |
Solvency | |||||
Equity ratio | 47.2 % | 49.8 % | 50.1 % | 44.8 % | 37.7 % |
Gearing | 96.6 % | 93.1 % | 74.9 % | 111.7 % | 146.8 % |
Relative net indebtedness % | 69.3 % | 87.1 % | 38.4 % | 118.3 % | 95.5 % |
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 1.6 | 1.6 | 1.3 |
Current ratio | 1.3 | 1.6 | 1.4 | 1.3 | 1.3 |
Cash and cash equivalents | 301.28 | 270.89 | 350.57 | 94.26 | 114.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.9 | 23.4 | 18.5 | 25.4 | 31.8 |
Net working capital % | 4.9 % | 49.7 % | 13.5 % | 33.7 % | 28.1 % |
Credit risk | |||||
Credit rating | A | BB | AA | A | AAA |
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