LASTAS TRUCKS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LASTAS TRUCKS DANMARK A/S
LASTAS TRUCKS DANMARK A/S (CVR number: 27277446) is a company from HEDENSTED. The company reported a net sales of 468.9 mDKK in 2023, demonstrating a decline of -15.8 % compared to the previous year. The operating profit percentage was at 4.7 % (EBIT: 22.2 mDKK), while net earnings were 16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LASTAS TRUCKS DANMARK A/S's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 525.93 | 556.59 | 468.88 | ||
Gross profit | 23.80 | 31.23 | 49.47 | 40.89 | 32.78 |
EBIT | 23.80 | 31.23 | 49.47 | 30.14 | 22.18 |
Net earnings | 9.97 | 14.95 | 28.55 | 22.52 | 16.52 |
Shareholders equity total | 95.46 | 110.41 | 138.96 | 131.48 | 148.00 |
Balance sheet total (assets) | 128.18 | 136.87 | 164.53 | 225.70 | 229.96 |
Net debt | 67.91 | 61.06 | |||
Profitability | |||||
EBIT-% | 9.4 % | 5.4 % | 4.7 % | ||
ROA | 17.6 % | 23.6 % | 32.8 % | 15.4 % | 9.8 % |
ROE | 11.0 % | 14.5 % | 22.9 % | 16.7 % | 11.8 % |
ROI | 18.7 % | 23.6 % | 32.8 % | 16.6 % | 10.8 % |
Economic value added (EVA) | 19.52 | 26.44 | 43.92 | 16.45 | 10.63 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.7 % | 64.3 % |
Gearing | 51.7 % | 43.1 % | |||
Relative net indebtedness % | 16.9 % | 16.9 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | |||
Current ratio | 2.5 | 3.4 | |||
Cash and cash equivalents | 0.11 | 2.78 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.3 | 16.7 | |||
Net working capital % | 24.1 % | 34.1 % | |||
Credit risk | |||||
Credit rating | A | BBB | BBB | AA | AA |
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