Lasse Hvam Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38346873
Lavendelvej 8, 7700 Thisted
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Company information

Official name
Lasse Hvam Holding ApS
Established
2017
Company form
Private limited company
Industry

About Lasse Hvam Holding ApS

Lasse Hvam Holding ApS (CVR number: 38346873) is a company from THISTED. The company recorded a gross profit of -11 kDKK in 2024. The operating profit was -11 kDKK, while net earnings were -141.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was -102.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.3 %, 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. Lasse Hvam Holding ApS's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.80-10.96
EBIT-8.08-8.71-16.43-9.80-10.96
Net earnings162.99-21.36-34.39-9.74- 141.28
Shareholders equity total476.46398.60307.01238.3736.10
Balance sheet total (assets)588.86552.00467.17441.53252.13
Net debt30.45- 181.38- 106.80- 295.06- 228.40
Profitability
EBIT-%
ROA30.4 %47.6 %-3.2 %19.9 %9.4 %
ROE38.6 %-4.9 %-9.7 %-3.6 %-102.9 %
ROI30.7 %48.1 %-3.3 %25.8 %-96.9 %
Economic value added (EVA)-32.42-37.99-43.86-32.96-22.94
Solvency
Equity ratio80.9 %72.2 %65.7 %54.0 %14.3 %
Gearing22.3 %36.9 %50.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.72.11.61.51.1
Current ratio0.72.11.61.51.1
Cash and cash equivalents75.70328.53260.71295.06228.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:9.38%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.3%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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