LOLLAND FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOLLAND FORSYNING A/S
LOLLAND FORSYNING A/S (CVR number: 29603065) is a company from LOLLAND. The company reported a net sales of 63.2 mDKK in 2024, demonstrating a growth of 24.5 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 1.2 mDKK), while net earnings were 1398.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.3 %, 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. LOLLAND FORSYNING A/S's liquidity measured by quick ratio was 1.4 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 53.34 | 49.40 | 52.78 | 50.81 | 63.24 |
Gross profit | 43.00 | 43.34 | 46.61 | 44.74 | 54.62 |
EBIT | 0.47 | 0.06 | 0.15 | -0.04 | 1.20 |
Net earnings | 0.05 | 0.10 | 0.15 | 0.40 | 1.40 |
Shareholders equity total | 23.05 | 23.15 | 21.38 | 21.78 | 23.18 |
Balance sheet total (assets) | 51.31 | 52.10 | 43.55 | 39.45 | 34.43 |
Net debt | 0.10 | 9.46 | -0.48 | 6.96 | -0.66 |
Profitability | |||||
EBIT-% | 0.9 % | 0.1 % | 0.3 % | -0.1 % | 1.9 % |
ROA | 1.5 % | 1.6 % | 1.4 % | 2.4 % | 6.4 % |
ROE | 0.2 % | 0.5 % | 0.7 % | 1.9 % | 6.2 % |
ROI | 1.9 % | 2.0 % | 1.8 % | 3.1 % | 8.3 % |
Economic value added (EVA) | -1.69 | -1.86 | -2.03 | -1.62 | -0.67 |
Solvency | |||||
Equity ratio | 44.9 % | 44.4 % | 49.1 % | 55.2 % | 67.3 % |
Gearing | 62.1 % | 85.0 % | 45.6 % | 44.9 % | 5.0 % |
Relative net indebtedness % | 25.4 % | 36.8 % | 21.9 % | 28.3 % | 14.0 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.1 | 1.1 | 1.4 |
Current ratio | 1.1 | 1.1 | 1.1 | 1.1 | 1.4 |
Cash and cash equivalents | 14.23 | 10.21 | 10.23 | 2.82 | 1.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.2 | 140.1 | 40.3 | 71.8 | 54.7 |
Net working capital % | 6.4 % | 5.5 % | 2.4 % | 4.7 % | 7.2 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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