LASSEN LANDSKAB A/S — Credit Rating and Financial Key Figures

CVR number: 29399433
Toftager 3, Store Valby 4000 Roskilde
tel: 33913396

Company information

Official name
LASSEN LANDSKAB A/S
Personnel
4 persons
Established
2006
Domicile
Store Valby
Company form
Limited company
Industry

About LASSEN LANDSKAB A/S

LASSEN LANDSKAB A/S (CVR number: 29399433) is a company from ROSKILDE. The company recorded a gross profit of -461.4 kDKK in 2023. The operating profit was -508.5 kDKK, while net earnings were -536.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -44.9 %, which can be considered poor and Return on Equity (ROE) was -64.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -2.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LASSEN LANDSKAB A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 300.952 277.672 242.942 202.10- 461.43
EBIT59.2763.05-87.39-23.59- 508.52
Net earnings42.4445.89-70.79-20.80- 536.40
Shareholders equity total760.12806.01735.22714.42-21.98
Balance sheet total (assets)1 540.561 952.891 370.271 299.47944.22
Net debt- 210.88- 548.69- 272.23-4.53- 352.84
Profitability
EBIT-%
ROA4.0 %3.6 %-5.3 %-1.8 %-44.9 %
ROE5.7 %5.9 %-9.2 %-2.9 %-64.7 %
ROI7.0 %7.4 %-10.7 %-3.1 %-115.6 %
Economic value added (EVA)24.8124.50-76.58-40.66- 569.17
Solvency
Equity ratio49.3 %41.3 %53.7 %55.0 %-2.3 %
Gearing9.6 %8.6 %4.0 %4.1 %-616.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.61.92.00.9
Current ratio1.91.61.92.00.9
Cash and cash equivalents284.05618.26301.8034.10488.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-44.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-2.28%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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