Lassen Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 39508842
Myrtueparken 38, 6710 Esbjerg V

Credit rating

Company information

Official name
Lassen Engineering ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Lassen Engineering ApS

Lassen Engineering ApS (CVR number: 39508842) is a company from ESBJERG. The company recorded a gross profit of 1301.5 kDKK in 2024. The operating profit was 432.9 kDKK, while net earnings were 340.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.4 %, which can be considered excellent and Return on Equity (ROE) was 85 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. Lassen Engineering ApS's liquidity measured by quick ratio was 3.4 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 402.92482.65731.391 316.721 301.52
EBIT246.19134.09242.30460.93432.89
Net earnings190.00104.24188.44360.69340.60
Shareholders equity total240.00154.24238.44410.69390.60
Balance sheet total (assets)624.35254.97559.52758.32689.19
Net debt- 231.44- 203.48- 241.70- 509.09- 359.94
Profitability
EBIT-%
ROA40.6 %31.0 %59.9 %70.2 %60.4 %
ROE61.8 %52.9 %96.0 %111.1 %85.0 %
ROI79.9 %68.3 %123.5 %142.4 %108.9 %
Economic value added (EVA)190.37104.10191.54359.67342.45
Solvency
Equity ratio38.4 %60.5 %42.6 %54.2 %56.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.83.62.13.13.4
Current ratio1.83.62.13.13.4
Cash and cash equivalents231.44203.48241.70509.09359.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:60.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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