LASSEN & MØLLER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LASSEN & MØLLER A/S
LASSEN & MØLLER A/S (CVR number: 28871287) is a company from SKANDERBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -38.3 % compared to the previous year. The operating profit percentage was poor at -1048.8 % (EBIT: -0.5 mDKK), while net earnings were -871.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34 %, which can be considered poor and Return on Equity (ROE) was -85.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LASSEN & MØLLER A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 182.77 | 183.13 | 143.66 | 74.52 | 46.00 |
Gross profit | - 168.50 | - 214.99 | - 207.49 | - 127.31 | - 164.95 |
EBIT | - 586.78 | -1 488.71 | - 434.22 | - 440.83 | - 482.44 |
Net earnings | - 967.82 | -1 045.32 | -65.62 | - 345.26 | - 871.59 |
Shareholders equity total | 2 913.51 | 1 868.19 | 1 802.57 | 1 457.31 | 585.72 |
Balance sheet total (assets) | 4 629.56 | 3 855.13 | 1 851.84 | 1 800.71 | 926.97 |
Net debt | 4.44 | 238.26 | - 890.21 | - 898.79 | 39.60 |
Profitability | |||||
EBIT-% | -321.0 % | -812.9 % | -302.2 % | -591.5 % | -1048.8 % |
ROA | -10.1 % | -35.1 % | -15.2 % | -23.9 % | -34.0 % |
ROE | -24.0 % | -43.7 % | -3.6 % | -21.2 % | -85.3 % |
ROI | -14.4 % | -58.5 % | -22.0 % | -26.8 % | -39.5 % |
Economic value added (EVA) | - 739.09 | -1 130.36 | - 399.91 | - 389.69 | - 370.60 |
Solvency | |||||
Equity ratio | 62.9 % | 48.5 % | 97.3 % | 80.9 % | 63.2 % |
Gearing | 0.7 % | 15.2 % | 51.6 % | ||
Relative net indebtedness % | 929.6 % | 1060.3 % | -585.4 % | -745.3 % | 170.3 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 37.6 | 5.2 | 2.7 |
Current ratio | 0.5 | 0.6 | 37.6 | 5.2 | 2.7 |
Cash and cash equivalents | 16.93 | 45.16 | 890.21 | 898.79 | 262.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -512.9 % | -470.6 % | 1254.7 % | 1955.6 % | 1273.3 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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