LAGKAGEHUSET A/S — Credit Rating and Financial Key Figures

CVR number: 20213094
Dortheavej 10, 2400 København NV
tel: 72144700
www.lagkagehuset.dk

Credit rating

Company information

Official name
LAGKAGEHUSET A/S
Personnel
2700 persons
Established
1997
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales962.14830.22905.221 011.781 068.56
Gross profit485.80378.25409.47408.70447.36
EBIT485.80378.25409.47- 141.76- 128.92
Net earnings- 118.75- 171.30-82.36- 144.87- 136.60
Shareholders equity total22.95318.76236.40291.52204.93
Balance sheet total (assets)499.83636.92546.38625.16627.48
Net debt- 137.29-95.36
Profitability
EBIT-%50.5 %45.6 %45.2 %-14.0 %-12.1 %
ROA97.6 %66.5 %69.2 %-24.0 %-20.6 %
ROE-144.2 %-100.3 %-29.7 %-54.9 %-55.0 %
ROI118.3 %66.5 %69.2 %-30.5 %-34.9 %
Economic value added (EVA)482.10377.10393.45- 150.65- 126.36
Solvency
Equity ratio100.0 %100.0 %100.0 %46.6 %32.7 %
Gearing24.0 %70.2 %
Relative net indebtedness %11.1 %15.9 %
Liquidity
Quick ratio0.90.8
Current ratio1.00.8
Cash and cash equivalents207.22239.20
Capital use efficiency
Trade debtors turnover (days)2.42.3
Net working capital %-0.6 %-5.8 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-20.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.7%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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