LASSE DAMGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LASSE DAMGAARD HOLDING ApS
LASSE DAMGAARD HOLDING ApS (CVR number: 25076397) is a company from AALBORG. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a growth of 62.3 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 0.4 mDKK), while net earnings were 392.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LASSE DAMGAARD HOLDING ApS's liquidity measured by quick ratio was 1.5 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 | 338.65 | 403.02 | 302.31 | 244.23 | 396.30 |
| Gross profit | 337.40 | 398.77 | 301.06 | 242.66 | 392.80 |
| EBIT | 337.40 | 398.77 | 301.06 | 242.66 | 392.80 |
| Net earnings | 338.04 | 371.32 | 274.46 | 203.39 | 392.95 |
| Shareholders equity total | 1 057.35 | 1 428.67 | 1 703.13 | 1 906.51 | 2 299.46 |
| Balance sheet total (assets) | 2 606.80 | 2 741.11 | 2 986.72 | 3 160.65 | 3 457.47 |
| Net debt | 1 501.87 | 1 262.97 | 1 191.12 | 1 159.93 | 1 026.76 |
| Profitability | |||||
| EBIT-% | 99.6 % | 98.9 % | 99.6 % | 99.4 % | 99.1 % |
| ROA | 13.1 % | 15.3 % | 10.9 % | 8.3 % | 13.5 % |
| ROE | 38.1 % | 29.9 % | 17.5 % | 11.3 % | 18.7 % |
| ROI | 15.7 % | 15.6 % | 11.2 % | 8.6 % | 13.9 % |
| Economic value added (EVA) | 233.13 | 280.02 | 174.69 | 111.81 | 239.68 |
| Solvency | |||||
| Equity ratio | 40.6 % | 52.1 % | 57.0 % | 60.3 % | 66.5 % |
| Gearing | 142.0 % | 88.4 % | 69.9 % | 60.8 % | 45.7 % |
| Relative net indebtedness % | 457.5 % | 325.7 % | 424.6 % | 513.5 % | 285.9 % |
| Liquidity | |||||
| Quick ratio | 0.7 | 0.8 | 1.0 | 1.2 | 1.5 |
| Current ratio | 0.7 | 0.8 | 1.0 | 1.2 | 1.5 |
| Cash and cash equivalents | 25.09 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -118.9 % | -49.2 % | 18.7 % | 90.1 % | 135.5 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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