LORENTZ & BORK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28662750
Sortedam Dossering 25, 2200 København N

Company information

Official name
LORENTZ & BORK HOLDING A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry

About LORENTZ & BORK HOLDING A/S

LORENTZ & BORK HOLDING A/S (CVR number: 28662750) is a company from KØBENHAVN. The company recorded a gross profit of 2047 kDKK in 2023. The operating profit was 533.7 kDKK, while net earnings were 16 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. LORENTZ & BORK HOLDING A/S's liquidity measured by quick ratio was 0.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 102.571 513.321 716.061 614.102 047.00
EBIT126.156 864.25- 271.41- 209.32533.68
Net earnings31 214.4253 576.5181 265.1121 933.2216 010.11
Shareholders equity total224 680.23278 085.44359 184.65380 945.97396 779.38
Balance sheet total (assets)416 796.48465 535.27521 479.05560 557.71603 833.09
Net debt74 509.0394 960.8347 558.5778 316.21104 743.35
Profitability
EBIT-%
ROA9.6 %14.0 %17.3 %5.0 %3.7 %
ROE14.9 %21.3 %25.5 %5.9 %4.1 %
ROI12.6 %17.5 %21.2 %6.0 %4.3 %
Economic value added (EVA)661.206 228.57-1 263.50-3 853.48-2 466.83
Solvency
Equity ratio54.0 %59.7 %68.9 %68.0 %65.7 %
Gearing45.3 %34.2 %18.6 %23.6 %29.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.50.50.6
Current ratio0.50.40.50.50.6
Cash and cash equivalents27 263.4739.5519 325.7811 481.6411 574.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.65%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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