LAGKAGEHUSET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LAGKAGEHUSET A/S
LAGKAGEHUSET A/S (CVR number: 20213094) is a company from KØBENHAVN. The company reported a net sales of 1068.6 mDKK in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was poor at -12.1 % (EBIT: -128.9 mDKK), while net earnings were -136.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -20.6 %, which can be considered poor and Return on Equity (ROE) was -55 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LAGKAGEHUSET A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 962.14 | 830.22 | 905.22 | 1 011.78 | 1 068.56 |
Gross profit | 485.80 | 378.25 | 409.47 | 408.70 | 447.36 |
EBIT | 485.80 | 378.25 | 409.47 | - 141.76 | - 128.92 |
Net earnings | - 118.75 | - 171.30 | -82.36 | - 144.87 | - 136.60 |
Shareholders equity total | 22.95 | 318.76 | 236.40 | 291.52 | 204.93 |
Balance sheet total (assets) | 499.83 | 636.92 | 546.38 | 625.16 | 627.48 |
Net debt | - 137.29 | -95.36 | |||
Profitability | |||||
EBIT-% | 50.5 % | 45.6 % | 45.2 % | -14.0 % | -12.1 % |
ROA | 97.6 % | 66.5 % | 69.2 % | -24.0 % | -20.6 % |
ROE | -144.2 % | -100.3 % | -29.7 % | -54.9 % | -55.0 % |
ROI | 118.3 % | 66.5 % | 69.2 % | -30.5 % | -34.9 % |
Economic value added (EVA) | 482.10 | 377.10 | 393.45 | - 150.65 | - 126.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.6 % | 32.7 % |
Gearing | 24.0 % | 70.2 % | |||
Relative net indebtedness % | 11.1 % | 15.9 % | |||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | |||
Current ratio | 1.0 | 0.8 | |||
Cash and cash equivalents | 207.22 | 239.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.4 | 2.3 | |||
Net working capital % | -0.6 % | -5.8 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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