LAURSEN HOLDING AF 28. OKTOBER 2013 ApS — Credit Rating and Financial Key Figures

CVR number: 35525289
Vedbæk Strandvej 494, 2950 Vedbæk
dma@benjamincapital.dk

Credit rating

Company information

Official name
LAURSEN HOLDING AF 28. OKTOBER 2013 ApS
Established
2013
Company form
Private limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales863.64629.201 279.19775.051 160.01
Gross profit56.0527.4384.4256.76137.25
EBIT160.641.1255.3313.4979.21
Net earnings-90.19-23.54-33.32-65.9373.81
Shareholders equity total679.09635.54590.23511.73575.56
Balance sheet total (assets)1 596.521 454.191 431.591 522.611 797.91
Net debt354.58321.0891.39477.41730.71
Profitability
EBIT-%18.6 %0.2 %4.3 %1.7 %6.8 %
ROA12.9 %6.8 %6.5 %5.1 %6.9 %
ROE-13.5 %-3.6 %-5.5 %-12.3 %14.0 %
ROI15.2 %8.0 %8.3 %7.0 %9.1 %
Economic value added (EVA)205.43-20.9634.972.7339.79
Solvency
Equity ratio47.2 %49.8 %50.1 %44.8 %37.7 %
Gearing96.6 %93.1 %74.9 %111.7 %146.8 %
Relative net indebtedness %69.3 %87.1 %38.4 %118.3 %95.5 %
Liquidity
Quick ratio0.91.11.61.61.3
Current ratio1.31.61.41.31.3
Cash and cash equivalents301.28270.89350.5794.26114.07
Capital use efficiency
Trade debtors turnover (days)13.923.418.525.431.8
Net working capital %4.9 %49.7 %13.5 %33.7 %28.1 %
Credit risk
Credit ratingABBAAAAAA

Variable visualization

ROA:6.86%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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