LASSEN & LASSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LASSEN & LASSEN ApS
LASSEN & LASSEN ApS (CVR number: 25337190K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 25.5 mDKK in 2023. The operating profit was 562.2 kDKK, while net earnings were -1859.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. LASSEN & LASSEN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 51 762.11 | 44 533.81 | 33 041.26 | 25 469.76 |
EBIT | 23 025.00 | 13 642.00 | 5 942.16 | 562.17 |
Net earnings | 23 268.00 | 10 494.00 | 2 501.11 | -1 859.57 |
Shareholders equity total | 61 605.00 | 72 331.60 | 72 378.26 | 72 332.00 |
Balance sheet total (assets) | 118 367.00 | 117 211.53 | 102 378.58 | 117 212.00 |
Net debt | 19 048.22 | 18 206.14 | -3 779.87 | -6 539.05 |
Profitability | ||||
EBIT-% | ||||
ROA | 24.9 % | 13.8 % | 5.8 % | 0.8 % |
ROE | 43.0 % | 17.7 % | 3.9 % | -2.9 % |
ROI | 27.4 % | 15.1 % | 6.2 % | 0.9 % |
Economic value added (EVA) | 18 608.25 | 7 857.80 | 1 457.68 | -1 935.97 |
Solvency | ||||
Equity ratio | 52.0 % | 61.7 % | 70.7 % | 75.6 % |
Gearing | 73.2 % | 48.2 % | 30.1 % | 22.2 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 0.8 | 1.3 | 1.4 |
Current ratio | 1.3 | 1.8 | 2.4 | 3.0 |
Cash and cash equivalents | 26 064.15 | 16 683.66 | 25 547.11 | 22 600.54 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | AAA | AAA | AAA | A |
Variable visualization
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