Lurrell Sustainable Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 41726490
Stålvej 3, 6000 Kolding

Company information

Official name
Lurrell Sustainable Solutions A/S
Established
2020
Company form
Limited company
Industry

About Lurrell Sustainable Solutions A/S

Lurrell Sustainable Solutions A/S (CVR number: 41726490) is a company from KOLDING. The company recorded a gross profit of -109.7 kDKK in 2023. The operating profit was -109.7 kDKK, while net earnings were -549.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.2 %, which can be considered poor and Return on Equity (ROE) was -155.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -89 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Lurrell Sustainable Solutions A/S's liquidity measured by quick ratio was 17.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit-1 810.35- 562.82- 109.74
EBIT-1 810.35- 562.82- 109.74
Net earnings-1 419.51- 471.20- 549.61
Shareholders equity total- 419.51- 890.72-1 440.33
Balance sheet total (assets)1 183.76529.01177.55
Net debt1 198.901 359.061 607.38
Profitability
EBIT-%
ROA-112.8 %-37.2 %-7.2 %
ROE-119.9 %-55.0 %-155.6 %
ROI-144.2 %-43.0 %-7.4 %
Economic value added (EVA)-1 417.82- 414.78-33.03
Solvency
Equity ratio-26.2 %-62.7 %-89.0 %
Gearing-298.9 %-152.9 %-111.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.79.117.8
Current ratio0.79.117.8
Cash and cash equivalents55.022.590.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-7.22%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-89.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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