LACE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31157447
Fjordvejen 116 E, Sønderhav 6340 Kruså

Credit rating

Company information

Official name
LACE HOLDING A/S
Established
2007
Domicile
Sønderhav
Company form
Limited company
Industry

About LACE HOLDING A/S

LACE HOLDING A/S (CVR number: 31157447) is a company from AABENRAA. The company recorded a gross profit of -7.3 kDKK in 2024. The operating profit was -7.3 kDKK, while net earnings were 1351 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 76.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LACE HOLDING A/S's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-7.37-7.25-6.25-7.25-7.25
EBIT-7.37-7.25-6.25-7.25-7.25
Net earnings1 404.25584.181 165.161 051.511 351.04
Shareholders equity total3 439.372 423.551 988.711 640.221 891.25
Balance sheet total (assets)6 352.806 483.326 626.666 778.457 241.14
Net debt2 889.524 038.074 616.205 117.485 330.14
Profitability
EBIT-%
ROA23.8 %11.2 %20.3 %18.4 %22.0 %
ROE39.7 %19.9 %52.8 %58.0 %76.5 %
ROI23.8 %11.3 %20.3 %18.4 %22.0 %
Economic value added (EVA)- 328.48- 324.57- 330.41- 338.39- 346.02
Solvency
Equity ratio54.1 %37.4 %30.0 %24.2 %26.1 %
Gearing84.5 %167.3 %233.0 %313.0 %282.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.80.70.70.8
Current ratio1.10.80.70.70.8
Cash and cash equivalents17.7216.7016.7515.7514.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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