Lasse Hvam Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lasse Hvam Holding ApS
Lasse Hvam Holding ApS (CVR number: 38346873) is a company from THISTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were -9.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.9 %, which can be considered excellent but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lasse Hvam Holding ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -6.77 | -8.08 | -8.71 | -16.43 | -9.80 |
Net earnings | 165.37 | 162.99 | -21.36 | -34.39 | -9.74 |
Shareholders equity total | 368.77 | 476.46 | 398.60 | 307.01 | 238.37 |
Balance sheet total (assets) | 490.80 | 588.86 | 552.00 | 467.17 | 441.53 |
Net debt | -33.83 | 30.45 | - 181.38 | - 106.80 | -98.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.0 % | 30.4 % | 47.6 % | -3.2 % | 19.9 % |
ROE | 52.8 % | 38.6 % | -4.9 % | -9.7 % | -3.6 % |
ROI | 40.6 % | 30.7 % | 48.1 % | -3.3 % | 20.1 % |
Economic value added (EVA) | -11.07 | -19.09 | -28.85 | -19.95 | -12.13 |
Solvency | |||||
Equity ratio | 75.1 % | 80.9 % | 72.2 % | 65.7 % | 54.0 % |
Gearing | 31.4 % | 22.3 % | 36.9 % | 50.1 % | 82.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.7 | 2.1 | 1.6 | 1.5 |
Current ratio | 1.2 | 0.7 | 2.1 | 1.6 | 1.5 |
Cash and cash equivalents | 149.61 | 75.70 | 328.53 | 260.71 | 295.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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