LOLLAND VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOLLAND VAND A/S
LOLLAND VAND A/S (CVR number: 31151767) is a company from LOLLAND. The company reported a net sales of 29.2 mDKK in 2024, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 17.7 % (EBIT: 5.2 mDKK), while net earnings were 5073.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOLLAND VAND A/S's liquidity measured by quick ratio was 4.3 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 | 32 857.42 | 33 836.72 | 31 858.26 | 31 263.17 | 29 227.37 |
Gross profit | 23 471.79 | 23 941.07 | 21 120.83 | 21 334.81 | 17 444.79 |
EBIT | 11 979.16 | 12 341.44 | 9 170.26 | 9 401.93 | 5 179.22 |
Net earnings | 9 310.88 | 11 142.76 | 7 685.23 | 9 371.03 | 5 073.55 |
Shareholders equity total | 269 217.73 | 284 251.80 | 303 192.03 | 310 729.91 | 315 192.72 |
Balance sheet total (assets) | 370 468.95 | 373 527.68 | 381 419.37 | 393 965.21 | 389 382.96 |
Net debt | 28 758.24 | 15 616.66 | 14 759.46 | 4 918.15 | 16 764.28 |
Profitability | |||||
EBIT-% | 36.5 % | 36.5 % | 28.8 % | 30.1 % | 17.7 % |
ROA | 3.3 % | 3.4 % | 2.4 % | 3.1 % | 1.8 % |
ROE | 3.5 % | 4.0 % | 2.6 % | 3.1 % | 1.6 % |
ROI | 3.5 % | 3.6 % | 2.5 % | 3.2 % | 1.9 % |
Economic value added (EVA) | -5 111.62 | -3 677.19 | -11 229.23 | -9 625.48 | -13 697.92 |
Solvency | |||||
Equity ratio | 72.7 % | 76.1 % | 79.5 % | 78.9 % | 80.9 % |
Gearing | 28.4 % | 24.2 % | 21.7 % | 19.8 % | 18.5 % |
Relative net indebtedness % | 163.2 % | 106.7 % | 85.7 % | 85.1 % | 111.9 % |
Liquidity | |||||
Quick ratio | 1.7 | 2.5 | 4.3 | 3.6 | 4.3 |
Current ratio | 1.8 | 2.5 | 4.4 | 3.6 | 4.4 |
Cash and cash equivalents | 47 637.21 | 53 168.66 | 50 920.00 | 56 631.78 | 41 470.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.3 | 1.0 | 0.4 | 1.2 | 2.0 |
Net working capital % | -20.3 % | 11.6 % | 25.1 % | 16.0 % | -23.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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