Lauren Erhvervsrengøring A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lauren Erhvervsrengøring A/S
Lauren Erhvervsrengøring A/S (CVR number: 28505272) is a company from DRAGØR. The company reported a net sales of 24 mDKK in 2023, demonstrating a growth of 6.2 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 1.3 mDKK), while net earnings were 1000.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 78.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. Lauren Erhvervsrengøring A/S's liquidity measured by quick ratio was 1.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22 070.00 | 22 960.00 | 22 604.00 | 24 010.98 | |
Gross profit | 14 588.58 | 11 640.00 | 11 972.00 | 12 031.00 | 13 767.29 |
EBIT | 931.68 | 1 131.00 | 1 011.00 | 812.00 | 1 270.94 |
Net earnings | 757.98 | 898.00 | 900.00 | 558.00 | 1 000.27 |
Shareholders equity total | 1 257.98 | 1 398.00 | 1 400.00 | 1 058.00 | 1 500.27 |
Balance sheet total (assets) | 3 967.94 | 6 506.00 | 4 958.00 | 4 067.00 | 4 980.07 |
Net debt | - 418.27 | -2 612.00 | -1 482.00 | - 579.00 | -2 023.64 |
Profitability | |||||
EBIT-% | 5.1 % | 4.4 % | 3.6 % | 5.3 % | |
ROA | 25.9 % | 22.2 % | 20.4 % | 18.0 % | 28.4 % |
ROE | 60.4 % | 67.6 % | 64.3 % | 45.4 % | 78.2 % |
ROI | 76.5 % | 63.4 % | 57.7 % | 59.2 % | 100.6 % |
Economic value added (EVA) | 733.88 | 840.20 | 857.78 | 643.75 | 964.53 |
Solvency | |||||
Equity ratio | 31.7 % | 21.5 % | 28.2 % | 26.0 % | 30.1 % |
Gearing | 6.9 % | 20.9 % | 0.0 % | ||
Relative net indebtedness % | 10.8 % | 7.8 % | 10.8 % | 6.1 % | |
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 1.1 | 1.0 | 1.2 |
Current ratio | 0.8 | 1.2 | 1.1 | 1.0 | 1.2 |
Cash and cash equivalents | 418.27 | 2 709.00 | 1 774.00 | 579.00 | 2 024.26 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.6 | 30.8 | 37.0 | 28.5 | |
Net working capital % | -5.8 % | -4.0 % | 0.2 % | 2.6 % | |
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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