LASSEN & LASSEN ApS — Credit Rating and Financial Key Figures

CVR number: 25337190
Industrivej 23, 6900 Skjern
tel: 97352243

Company information

Official name
LASSEN & LASSEN ApS
Established
2000
Company form
Private limited company
Industry

About LASSEN & LASSEN ApS

LASSEN & LASSEN ApS (CVR number: 25337190K) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 33 mDKK in 2022. The operating profit was 5942.2 kDKK, while net earnings were 2501.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
Volume
Net sales
Gross profit51 762.1144 533.8133 041.26
EBIT23 025.0013 642.005 942.16
Net earnings23 268.0010 494.002 501.11
Shareholders equity total61 605.0072 331.6072 378.26
Balance sheet total (assets)118 367.00117 211.53102 378.58
Net debt19 048.2218 206.14-3 779.87
Profitability
EBIT-%
ROA24.9 %13.8 %5.8 %
ROE43.0 %17.7 %3.9 %
ROI27.4 %15.1 %6.2 %
Economic value added (EVA)18 608.254 192.52-1 206.58
Solvency
Equity ratio52.0 %61.7 %70.7 %
Gearing73.2 %48.2 %30.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.3
Current ratio1.31.82.4
Cash and cash equivalents26 064.1516 683.6625 547.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:5.76%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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