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RENÉ LAURITSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RENÉ LAURITSEN A/S
RENÉ LAURITSEN A/S (CVR number: 29634394) is a company from BILLUND. The company recorded a gross profit of 3086.9 kDKK in 2024. The operating profit was -737.6 kDKK, while net earnings were -596.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -19.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RENÉ LAURITSEN A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 4 867.97 | 4 158.03 | 5 435.75 | 5 284.59 | 3 086.93 |
| EBIT | 667.75 | 12.46 | 716.42 | 476.12 | - 737.63 |
| Net earnings | 565.80 | 50.41 | 572.83 | 418.99 | - 596.14 |
| Shareholders equity total | 2 318.69 | 2 369.10 | 2 941.93 | 3 360.92 | 2 764.78 |
| Balance sheet total (assets) | 7 128.46 | 5 950.61 | 6 087.45 | 7 805.18 | 6 263.01 |
| Net debt | -4.05 | 1 127.63 | 808.10 | 1 576.49 | 1 342.14 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.8 % | 1.6 % | 13.6 % | 9.2 % | -8.3 % |
| ROE | 21.5 % | 2.2 % | 21.6 % | 13.3 % | -19.5 % |
| ROI | 25.0 % | 3.3 % | 22.4 % | 14.6 % | -12.8 % |
| Economic value added (EVA) | 357.52 | - 116.17 | 377.93 | 147.57 | - 918.54 |
| Solvency | |||||
| Equity ratio | 40.1 % | 41.9 % | 48.3 % | 43.1 % | 44.1 % |
| Gearing | 4.5 % | 47.7 % | 27.6 % | 46.9 % | 48.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 1.7 | 1.9 | 1.8 | 1.8 |
| Current ratio | 1.4 | 1.6 | 1.9 | 1.8 | 1.8 |
| Cash and cash equivalents | 107.40 | 3.15 | 3.35 | 0.50 | 0.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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