LASCH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28505167
Enrumvej 14, 2942 Skodsborg

Credit rating

Company information

Official name
LASCH HOLDING ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LASCH HOLDING ApS

LASCH HOLDING ApS (CVR number: 28505167) is a company from RUDERSDAL. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -42.5 kDKK, while net earnings were -565.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -34.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LASCH HOLDING ApS's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit10.10-8.53-6.11-25.60-16.13
EBIT-82.61- 122.97- 118.28- 578.96-42.52
Net earnings-36.63160.57- 610.94- 388.42- 565.47
Shareholders equity total66.47227.04- 383.90- 772.32-1 337.79
Balance sheet total (assets)1 952.832 870.082 212.451 857.411 397.94
Net debt724.58458.951 204.371 144.751 698.97
Profitability
EBIT-%
ROA1.0 %12.6 %-3.3 %-11.2 %5.3 %
ROE-43.2 %109.4 %-50.1 %-19.1 %-34.7 %
ROI1.0 %13.1 %-3.5 %-11.2 %5.3 %
Economic value added (EVA)-45.05-26.27-21.01- 367.6582.21
Solvency
Equity ratio3.4 %7.9 %-14.8 %-29.4 %-48.9 %
Gearing2788.4 %1040.5 %-647.9 %-338.2 %-203.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.60.60.4
Current ratio0.60.80.60.60.4
Cash and cash equivalents1 128.791 903.291 282.971 466.971 018.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-48.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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