KJAER LASSEN A/S — Credit Rating and Financial Key Figures

CVR number: 25792335
Gulløkken 21, Hårslev 5471 Søndersø
mail@k-lassen.dk

Credit rating

Company information

Official name
KJAER LASSEN A/S
Personnel
13 persons
Established
2000
Domicile
Hårslev
Company form
Limited company
Industry

About KJAER LASSEN A/S

KJAER LASSEN A/S (CVR number: 25792335) is a company from NORDFYNS. The company recorded a gross profit of 1967.8 kDKK in 2023. The operating profit was 622.8 kDKK, while net earnings were 433.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 35.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. KJAER LASSEN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 590.441 560.161 934.151 390.621 967.85
EBIT- 160.5465.53369.57219.54622.79
Net earnings- 177.940.85261.09130.18433.49
Shareholders equity total620.59621.44882.531 012.711 446.19
Balance sheet total (assets)3 472.785 339.595 445.004 283.286 130.56
Net debt1 130.761 712.592 810.242 169.352 427.30
Profitability
EBIT-%
ROA-4.1 %1.6 %7.1 %4.7 %12.1 %
ROE-25.1 %0.1 %34.7 %13.7 %35.3 %
ROI-9.4 %3.2 %12.1 %6.4 %17.4 %
Economic value added (EVA)- 168.9917.71266.93131.55437.79
Solvency
Equity ratio17.9 %11.6 %16.2 %23.6 %23.6 %
Gearing189.8 %309.8 %323.8 %220.3 %173.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.90.91.0
Current ratio0.80.90.90.91.0
Cash and cash equivalents47.22212.6447.7661.4486.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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