LAURITZ.COM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LAURITZ.COM A/S
LAURITZ.COM A/S (CVR number: 24994570K) is a company from GLADSAXE. The company reported a net sales of 110.5 mDKK in 2022, demonstrating a decline of -17.1 % compared to the previous year. The operating profit percentage was at 6 % (EBIT: 6.6 mDKK), while net earnings were 226 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -38.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LAURITZ.COM A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 227.96 | 136.77 | 133.35 | 110.53 | |
Gross profit | 116.52 | 48.98 | 46.92 | 49.76 | |
EBIT | -57.28 | -5.69 | -0.78 | 6.58 | |
Net earnings | -66.45 | 50.86 | -14.65 | 0.23 | |
Shareholders equity total | -30.00 | 25.41 | -59.09 | -58.87 | |
Balance sheet total (assets) | 348.68 | 250.78 | 119.46 | 95.57 | |
Net debt | -49.96 | 12.47 | 88.04 | 99.22 | |
Profitability | |||||
EBIT-% | -25.1 % | -4.2 % | -0.6 % | 6.0 % | |
ROA | -11.4 % | 25.4 % | 3.3 % | 9.4 % | |
ROE | -34.2 % | 27.2 % | -12.3 % | 0.2 % | |
ROI | -32.2 % | 263.9 % | 5.1 % | 14.0 % | |
Economic value added (EVA) | -52.51 | -2.91 | 6.33 | -0.87 | -1.78 |
Solvency | |||||
Equity ratio | -7.9 % | 10.1 % | -33.1 % | -38.1 % | |
Gearing | 79.2 % | -180.9 % | -173.0 % | ||
Relative net indebtedness % | 144.2 % | 159.2 % | 119.8 % | 137.4 % | |
Liquidity | |||||
Quick ratio | 0.5 | 0.3 | 1.0 | 0.8 | |
Current ratio | 0.5 | 0.3 | 1.0 | 0.8 | |
Cash and cash equivalents | 49.96 | 7.64 | 18.86 | 2.63 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.1 | 3.8 | 2.1 | 6.7 | |
Net working capital % | -87.0 % | -109.4 % | -1.7 % | -11.0 % | |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB |
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