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 AARHUS. The company reported a net sales of 0 mDKK in 2024, demonstrating a decline of -21.7 % compared to the previous year. The operating profit percentage was poor at -702.1 % (EBIT: -0.3 mDKK), while net earnings were -77.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.5 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 183.13 | 143.66 | 74.52 | 46.00 | 36.00 |
| Gross profit | - 214.99 | - 207.49 | - 127.31 | - 164.95 | -91.97 |
| EBIT | -1 488.71 | - 434.22 | - 440.83 | - 482.44 | - 252.76 |
| Net earnings | -1 045.32 | -65.62 | - 345.26 | - 871.59 | -77.83 |
| Shareholders equity total | 1 868.19 | 1 802.57 | 1 457.31 | 585.72 | 507.89 |
| Balance sheet total (assets) | 3 855.13 | 1 851.84 | 1 800.71 | 926.97 | 842.90 |
| Net debt | 238.26 | - 890.21 | - 898.79 | 39.60 | - 308.32 |
| Profitability | |||||
| EBIT-% | -812.9 % | -302.2 % | -591.5 % | -1048.8 % | -702.1 % |
| ROA | -35.1 % | -15.2 % | -23.9 % | -34.0 % | -26.5 % |
| ROE | -43.7 % | -3.6 % | -21.2 % | -85.3 % | -14.2 % |
| ROI | -58.5 % | -22.0 % | -26.8 % | -39.5 % | -27.6 % |
| Economic value added (EVA) | -1 132.29 | - 416.42 | - 434.42 | - 415.77 | - 224.09 |
| Solvency | |||||
| Equity ratio | 48.5 % | 97.3 % | 80.9 % | 63.2 % | 60.3 % |
| Gearing | 15.2 % | 51.6 % | 59.6 % | ||
| Relative net indebtedness % | 1060.3 % | -585.4 % | -745.3 % | 170.3 % | -766.1 % |
| Liquidity | |||||
| Quick ratio | 0.6 | 37.6 | 5.2 | 2.7 | 2.5 |
| Current ratio | 0.6 | 37.6 | 5.2 | 2.7 | 2.5 |
| Cash and cash equivalents | 45.16 | 890.21 | 898.79 | 262.89 | 610.81 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -470.6 % | 1254.7 % | 1955.6 % | 1273.3 % | 1410.8 % |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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