LEMAN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LEMAN A/S
LEMAN A/S (CVR number: 41955619) is a company from GREVE. The company reported a net sales of 1510.5 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 22.9 mDKK), while net earnings were -50.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LEMAN A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 138.13 | 1 127.13 | 1 605.45 | 1 896.49 | 1 510.52 |
Gross profit | 214.13 | 187.09 | 260.82 | 318.18 | 260.48 |
EBIT | 17.50 | -12.13 | 38.63 | 81.66 | 22.88 |
Net earnings | 12.96 | -13.72 | 27.41 | 48.96 | -50.18 |
Shareholders equity total | 445.83 | 421.89 | 320.65 | 378.60 | 323.54 |
Balance sheet total (assets) | 623.65 | 650.75 | 674.51 | 748.53 | 662.38 |
Net debt | -48.69 | -78.11 | 11.03 | -5.92 | - 113.77 |
Profitability | |||||
EBIT-% | 1.5 % | -1.1 % | 2.4 % | 4.3 % | 1.5 % |
ROA | 3.3 % | -2.1 % | 7.0 % | 12.3 % | -5.1 % |
ROE | 3.0 % | -3.2 % | 7.4 % | 14.0 % | -14.3 % |
ROI | 4.6 % | -3.0 % | 11.5 % | 20.6 % | -8.2 % |
Economic value added (EVA) | -8.88 | -32.56 | 7.62 | 43.82 | -6.27 |
Solvency | |||||
Equity ratio | 71.5 % | 64.8 % | 47.5 % | 50.6 % | 48.8 % |
Gearing | 10.6 % | 25.8 % | 16.1 % | ||
Relative net indebtedness % | 10.3 % | 12.4 % | 19.9 % | 13.5 % | 10.8 % |
Liquidity | |||||
Quick ratio | 2.8 | 2.0 | 1.0 | 1.2 | 1.3 |
Current ratio | 2.8 | 2.0 | 1.0 | 1.2 | 1.3 |
Cash and cash equivalents | 48.69 | 78.11 | 22.89 | 103.52 | 165.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 53.6 | 55.1 | 62.4 | 45.9 | 51.5 |
Net working capital % | 25.3 % | 17.2 % | 0.1 % | 3.7 % | 6.2 % |
Credit risk | |||||
Credit rating | AA | A | AA | AA | A |
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