LAURITZEN FONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About LAURITZEN FONDEN
LAURITZEN FONDEN (CVR number: 15453613) is a company from GENTOFTE. The company recorded a gross profit of -4039 kDKK in 2023. The operating profit was -18.8 mDKK, while net earnings were 902.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LAURITZEN FONDEN's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 501.00 | -4 039.00 | |||
EBIT | -17 001.00 | -18 849.00 | |||
Net earnings | - 312 000.00 | - 574 000.00 | 901 000.00 | 1 942 370.00 | 902 748.00 |
Shareholders equity total | 5 954 000.00 | 5 002 000.00 | 6 002 000.00 | 7 959 672.00 | 8 659 020.00 |
Balance sheet total (assets) | 6 769 000.00 | 6 053 000.00 | 6 075 000.00 | 8 046 509.00 | 8 752 709.00 |
Net debt | - 407 564.00 | - 405 493.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 27.5 % | 10.7 % | |||
ROE | 16.4 % | 27.8 % | 10.9 % | ||
ROI | 27.5 % | 10.8 % | |||
Economic value added (EVA) | - 316 625.25 | - 299 188.50 | - 251 350.50 | - 318 620.12 | -13 000.40 |
Solvency | |||||
Equity ratio | 100.0 % | 98.9 % | 98.9 % | ||
Gearing | 1.1 % | 1.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 5.3 | |||
Current ratio | 5.7 | 5.3 | |||
Cash and cash equivalents | 491 284.00 | 496 957.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A |
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