LARS MALMSTEDT AUTOMOBILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LARS MALMSTEDT AUTOMOBILER A/S
LARS MALMSTEDT AUTOMOBILER A/S (CVR number: 16383333) is a company from GRIBSKOV. The company recorded a gross profit of -132.2 kDKK in 2022. The operating profit was -194.1 kDKK, while net earnings were -226.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS MALMSTEDT AUTOMOBILER A/S's liquidity measured by quick ratio was 24.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 520.22 | 5 343.57 | 4 438.63 | 2 665.39 | - 132.19 |
EBIT | 1 249.44 | 67.55 | - 518.11 | 227.72 | - 194.12 |
Net earnings | 887.32 | -65.97 | - 507.27 | 61.31 | - 226.14 |
Shareholders equity total | 2 849.66 | 8 313.63 | 7 709.36 | 7 770.67 | 544.53 |
Balance sheet total (assets) | 9 841.71 | 17 738.83 | 17 562.67 | 9 729.72 | 568.09 |
Net debt | 3 111.16 | 5 295.66 | 4 990.01 | -9 563.36 | - 456.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 0.5 % | -2.9 % | 1.7 % | -3.8 % |
ROE | 34.0 % | -1.2 % | -6.3 % | 0.8 % | -5.4 % |
ROI | 16.8 % | 0.6 % | -3.2 % | 2.0 % | -4.6 % |
Economic value added (EVA) | 742.47 | - 186.68 | -1 073.93 | - 407.87 | - 104.03 |
Solvency | |||||
Equity ratio | 30.0 % | 46.9 % | 43.9 % | 79.9 % | 95.9 % |
Gearing | 109.2 % | 71.6 % | 73.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.8 | 0.4 | 5.0 | 24.1 |
Current ratio | 0.8 | 2.4 | 1.8 | 5.0 | 24.1 |
Cash and cash equivalents | 0.12 | 655.34 | 682.71 | 9 563.36 | 456.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | B | B |
Variable visualization
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