L & G HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About L & G HOLDING A/S
L & G HOLDING A/S (CVR number: 28105509) is a company from AARHUS. The company recorded a gross profit of -8.7 kDKK in 2023. The operating profit was -8.7 kDKK, while net earnings were 5817.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L & G HOLDING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.51 | -5.98 | -5.14 | -5.66 | -8.71 |
EBIT | -3.51 | -5.98 | -5.14 | -5.66 | -8.71 |
Net earnings | 4 404.98 | 5 399.90 | 9 584.17 | 8 625.43 | 5 817.36 |
Shareholders equity total | 41 434.99 | 46 761.63 | 57 787.78 | 69 849.63 | 74 491.39 |
Balance sheet total (assets) | 42 321.08 | 66 694.28 | 75 257.57 | 85 824.23 | 88 253.70 |
Net debt | -2 828.92 | 17 285.73 | 13 996.08 | 13 656.90 | 10 590.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.3 % | 11.2 % | 14.6 % | 11.7 % | 7.7 % |
ROE | 11.0 % | 12.2 % | 18.3 % | 13.5 % | 8.1 % |
ROI | 11.5 % | 11.3 % | 14.7 % | 11.7 % | 7.7 % |
Economic value added (EVA) | 540.14 | 705.09 | 1 924.09 | 2 403.02 | 2 959.14 |
Solvency | |||||
Equity ratio | 97.9 % | 70.1 % | 76.8 % | 81.4 % | 84.4 % |
Gearing | 42.6 % | 29.8 % | 22.9 % | 18.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.3 | 0.8 | 0.8 | 0.8 | 0.7 |
Current ratio | 17.3 | 0.8 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 2 828.92 | 2 646.91 | 3 235.00 | 2 317.71 | 2 798.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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