LASSES EL ApS — Credit Rating and Financial Key Figures

CVR number: 30553128
Rytterhaven 4, 5700 Svendborg

Company information

Official name
LASSES EL ApS
Personnel
6 persons
Established
2007
Company form
Private limited company
Industry

About LASSES EL ApS

LASSES EL ApS (CVR number: 30553128) is a company from SVENDBORG. The company recorded a gross profit of 1913.3 kDKK in 2024. The operating profit was 98 kDKK, while net earnings were 43.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 15.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LASSES EL ApS's liquidity measured by quick ratio was 2.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 577.353 090.212 601.361 958.021 913.28
EBIT573.24601.41266.9992.2598.03
Net earnings426.97459.77140.6747.4243.15
Shareholders equity total873.57933.34624.01571.44614.59
Balance sheet total (assets)3 361.533 929.273 510.043 589.693 963.25
Net debt467.14892.381 920.142 328.842 515.05
Profitability
EBIT-%
ROA16.1 %17.2 %7.9 %5.5 %6.2 %
ROE30.3 %50.9 %18.1 %7.9 %7.3 %
ROI23.7 %25.7 %10.4 %6.6 %7.2 %
Economic value added (EVA)349.31425.20153.913.5520.52
Solvency
Equity ratio26.0 %23.8 %17.8 %15.9 %15.5 %
Gearing53.5 %95.6 %307.7 %407.5 %409.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.61.52.1
Current ratio1.71.91.71.52.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.20%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.5%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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