Lego Group

Lego's Cash & Cash Equivalents rose 151% yoy to DKK 1,211 mil in 2015

By Helgi Library - April 2, 2020

Lego Group's total assets reached DKK 27,877 mil at the end of 2015, up 30.2% compared to the previous year. Curre...

Profit Statement
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Nov 2013
Company Report

The Lego Group is a privately held manufacturer of toys based in Billund, Denmark. The company's flagship product, Lego, consists of colourful interlocking plastic bricks and an accompanying array of gears, minifigures and various other parts. Lego bricks can be assembled and connected in many ways, to construct such objects as vehicles, buildings, and even working robots. Anything constructed can then be taken apart again, and the pieces used to make other objects. Lego began manufacturing interlocking toy bricks in 1949. Since then a global Lego subculture has developed, supporting movies, games, competitions, and six themed amusement parks. As of 2013, around 560 billion Lego parts had been produced. The name Lego comes from the Danish phrase "leg godt", which means "play well"

Finance

Lego Group has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 19% a year during that time to total of DKK 13,325 mil in 2015, or 37.2% of sales. That’s compared to 36.2% average margin seen in last five years.

The company netted DKK 9,174 mil in 2015 implying ROE of 60.0% and ROCE of 57.0%. Again, the average figures were 61.9% and 59.2%, respectively when looking at the previous 5 years.

Lego Group’s net debt amounted to DKK -835 mil at the end of 2015, or -0.047 of equity. When compared to EBITDA, net debt was -0.063x, down when compared to average of -0.014x seen in the last 5 years.

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