LASSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 35840125
Kurveholmen 24, 6760 Ribe

Company information

Official name
LASSEN EJENDOMME ApS
Established
2014
Company form
Private limited company
Industry

About LASSEN EJENDOMME ApS

LASSEN EJENDOMME ApS (CVR number: 35840125) is a company from ESBJERG. The company recorded a gross profit of 1054.3 kDKK in 2023. The operating profit was 827.4 kDKK, while net earnings were 253 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LASSEN EJENDOMME ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit676.94578.63471.51786.511 054.29
EBIT583.28483.56249.03645.56827.45
Net earnings386.13317.50128.35356.61253.02
Shareholders equity total1 503.941 821.441 949.792 306.412 559.43
Balance sheet total (assets)6 012.826 208.622 610.3514 970.7216 733.44
Net debt4 038.933 726.04369.3511 108.8613 342.60
Profitability
EBIT-%
ROA9.9 %7.9 %5.6 %7.3 %5.2 %
ROE29.5 %19.1 %6.8 %16.8 %10.4 %
ROI10.2 %8.1 %5.9 %7.9 %5.5 %
Economic value added (EVA)254.07180.20-30.44387.21326.74
Solvency
Equity ratio25.3 %29.6 %74.7 %15.4 %15.3 %
Gearing283.6 %228.6 %24.3 %502.7 %522.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.23.90.10.0
Current ratio0.10.23.90.10.0
Cash and cash equivalents226.10438.14103.71485.4622.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:5.22%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.3%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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