LASSO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34904022
Månevej 14, Stenstrup 3100 Hornbæk

Company information

Official name
LASSO HOLDING ApS
Established
2013
Domicile
Stenstrup
Company form
Private limited company
Industry

About LASSO HOLDING ApS

LASSO HOLDING ApS (CVR number: 34904022) is a company from HELSINGØR. The company reported a net sales of -0.1 mDKK in 2023, demonstrating a growth of -86.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -60.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73.6 %, which can be considered poor and Return on Equity (ROE) was -344.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LASSO HOLDING ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales148.411.23-55.21- 404.08-54.93
Gross profit142.79-4.40-60.88- 409.70-60.56
EBIT142.79-4.40-60.88- 409.70-60.56
Net earnings143.53-4.68-61.33- 409.68-60.50
Shareholders equity total481.77477.08415.756.07-54.43
Balance sheet total (assets)550.59527.45478.0280.9729.10
Net debt30.8344.7456.6569.2777.90
Profitability
EBIT-%96.2 %-357.7 %
ROA29.5 %-0.8 %-12.1 %-146.6 %-73.6 %
ROE35.0 %-1.0 %-13.7 %-194.2 %-344.1 %
ROI32.6 %-0.8 %-12.2 %-149.6 %-79.0 %
Economic value added (EVA)160.9119.85-37.66- 388.48-58.10
Solvency
Equity ratio87.5 %90.5 %87.0 %7.5 %-65.2 %
Gearing6.4 %9.4 %13.6 %1140.5 %-143.1 %
Relative net indebtedness %46.4 %4098.4 %-112.8 %-18.5 %-152.0 %
Liquidity
Quick ratio0.50.30.30.30.3
Current ratio0.50.30.30.30.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-21.0 %-3021.7 %78.4 %12.1 %99.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-73.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-65.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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