LACE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 1 404.25 | 584.18 | 1 165.16 | 1 051.51 | 1 351.04 |
Shareholders equity total | 3 439.37 | 2 423.55 | 1 988.71 | 1 640.22 | 1 891.25 |
Balance sheet total (assets) | 6 352.80 | 6 483.32 | 6 626.66 | 6 778.45 | 7 241.14 |
Net debt | 2 889.52 | 4 038.07 | 4 616.20 | 5 117.48 | 5 330.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.8 % | 11.2 % | 20.3 % | 18.4 % | 22.0 % |
ROE | 39.7 % | 19.9 % | 52.8 % | 58.0 % | 76.5 % |
ROI | 23.8 % | 11.3 % | 20.3 % | 18.4 % | 22.0 % |
Economic value added (EVA) | - 328.48 | - 324.57 | - 330.41 | - 338.39 | - 346.02 |
Solvency | |||||
Equity ratio | 54.1 % | 37.4 % | 30.0 % | 24.2 % | 26.1 % |
Gearing | 84.5 % | 167.3 % | 233.0 % | 313.0 % | 282.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 0.8 | 0.7 | 0.7 | 0.8 |
Current ratio | 1.1 | 0.8 | 0.7 | 0.7 | 0.8 |
Cash and cash equivalents | 17.72 | 16.70 | 16.75 | 15.75 | 14.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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