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 447.9 mDKK in 2024, demonstrating a decline of -4.5 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 16.7 mDKK), while net earnings were 12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 525.93 | 556.59 | 468.88 | 447.94 | |
| Gross profit | 31.23 | 49.47 | 40.89 | 32.78 | 28.12 |
| EBIT | 31.23 | 49.47 | 30.14 | 22.18 | 16.67 |
| Net earnings | 14.95 | 28.55 | 22.52 | 16.52 | 12.16 |
| Shareholders equity total | 110.41 | 138.96 | 131.48 | 148.00 | 160.16 |
| Balance sheet total (assets) | 136.87 | 164.53 | 225.70 | 229.96 | 221.32 |
| Net debt | 67.91 | 61.06 | 50.50 | ||
| Profitability | |||||
| EBIT-% | 9.4 % | 5.4 % | 4.7 % | 3.7 % | |
| ROA | 23.6 % | 32.8 % | 15.4 % | 9.8 % | 7.5 % |
| ROE | 14.5 % | 22.9 % | 16.7 % | 11.8 % | 7.9 % |
| ROI | 23.6 % | 32.8 % | 16.6 % | 10.8 % | 8.0 % |
| Economic value added (EVA) | 26.44 | 43.92 | 16.45 | 7.22 | 2.27 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 58.7 % | 64.3 % | 72.3 % |
| Gearing | 51.7 % | 43.1 % | 31.6 % | ||
| Relative net indebtedness % | 16.9 % | 16.9 % | 13.6 % | ||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.5 | 0.6 | ||
| Current ratio | 2.5 | 3.4 | 3.8 | ||
| Cash and cash equivalents | 0.11 | 2.78 | 0.16 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 17.3 | 16.7 | 24.7 | ||
| Net working capital % | 24.1 % | 34.1 % | 35.7 % | ||
| Credit risk | |||||
| Credit rating | BBB | BBB | AA | AA | AA |
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