Datum Källa Rubrik Typ Alternativ
2022-10-27 Lauritz.com Group A/S Lauritz.com Group A/S – Interim report January – September 2022 Pressreleaser Visa Stäng
2022-08-25 Lauritz.com Group A/S Lauritz.com Group A/S – Interim report January – June 2022 (Correction of Headline only) Pressreleaser Visa Stäng
2022-08-25 Lauritz.com Group A/S Lauritz.com Group A/S – Interim report January – March 2022 Pressreleaser Visa Stäng
2022-08-18 Lauritz.com Group A/S Lauritz.com Group A/S – Updated guidance for 2022 Pressreleaser Visa Stäng
2022-05-19 Lauritz.com Group A/S Lauritz.com Group A/S Annual General Meeting Pressreleaser Visa Stäng
2022-05-12 Lauritz.com Group A/S Lauritz.com Group A/S – Interim report January – March 2022 Pressreleaser Visa Stäng
Pressreleaser | 12 May 2022 | Lauritz.com Group

Lauritz.com Group A/S – Interim report January – March 2022



No. 4/2022

Copenhagen, 12 May 2022


In the first quarter of 2022 the business of Lauritz.com group delivered EBITDA slightly below Q1 2021. 

The earnings in Q1 are positively impacted by continued development towards higher yielding business, resulting in revenue almost in line with 2021 despite lower auction turnover.


Development in EBITDA

For the period January to March revenue is 0.7 percent below last year driven by lower auction turnover, and partly offset by improvement in fees and commissions. Operating cost has remained under control, with a 2.9 percent increase. 

EBITDA in Q1 2022 is DKK -1.0m (0.1m). The reduction is driven by the increased cost. 

Cash flow from operating activities is DKK -2.5m (5.4m). The change is mainly driven by changes in working capital items.


Future organization

To bring Lauritz.com to the next level as to turnover and earnings on shorter and longer terms, including expected roll out of new business areas, a future central management team has been defined. The new Country Manager Denmark and the new CTO onboarded during the first half of 2021 and a new CMO in February 2022.


Commercial initiatives

Our continued focus on sales management, business control and execution both internally in the headquarter and in all auction houses is showing results. 

The comprehensive optimization process that all auction houses have gone through in terms of logistics and handling of the auction supply chain, has released resources for intensified sales activities focusing on the local evaluation and sourcing of items for auction. 

In terms of marketing activities, we are continuously intensifying our digital foot print, showing positive effects and strengthening our position within international, national and local communities interested in selling and buying sustainable vintage items of high quality within art, design and collectables.



The group is funded by a bond. Currently the bond has an outstanding debt of SEK 155m and an interest rate of 4%. 

When the last part of the payment for the sold business is received in May 2022 (SEK 15m), a repayment of SEK 15m will be made, after which the remaining bond debt will be a standing loan of SEK 140m until maturity in December 2024.


Guidance for 2022

Our guidance for 2022 is: 

  • Growth in Auction Turnover of 0-10 percent
  • Growth in Revenue of 5-15 percent
  • EBITDA of DKK 3-8m.


Bengt Sundström, Chairman of the board

Mette Margrethe Rode Sundstrøm, CEO

Preben Vinkler Lindgaard, CFO





Highlights Q1 2022


January – March 2022
  • Revenue decline of 0.7 percent.
  • Auction Turnover decrease of 4.9 percent.
  • Number of knockdowns decrease of 15.4 percent.
  • Average Auction turnover price up by 12.4 percent.
  • Cost increase by 2.9 percent compared to last year.
  • EBITDA declined by DKK 1.1m to DKK -1.0m (+0.1m).





Lauritz.com Group A/S key figures
(continuing operations)


  January – March
000 DKK     2022 2021
Auction turnover     109,244 114,910
Number of Knockdowns     33,562 39,670
Average Auction turnover price, DKK     3,255 2,897
Revenue     32,214 32,435
EBITDA     -1,027 138
Auction Turnover Margin1     -0.9% 0.1%
Profit     -3,201 -960
Earnings per share, DKK     -0.078 -0.024
Cash flow from operating activities     -2.472 5.426

1 Auction Turnover Margin = EBITDA/Auction Turnover.







For press enquiries, please contact:

Mette Jessen

E-mail:  press@lauritz.com




For other enquiries, please contact:

Preben Vinkler Lindgaard


E-mail: Preben@lauritz.com




Certified Adviser: Erik Penser Bank AB

Telephone number: +46 8-463 83 00

E-mail: certifiedadviser@penser.se


Market place: Nasdaq First North Growth Market Stockholm




The information was submitted for publication through the agency of the contact person set out above, at 9.00am CEST on 12 May 2022.


2022-05-03 Lauritz.com Group A/S Notice to convene Annual General Meeting in Lauritz.com Group A/S Pressreleaser Visa Stäng
2022-04-11 Lauritz.com Group A/S Correction to company announcement nr. 2 from 8 April 2022 Pressreleaser Visa Stäng
2022-04-08 Lauritz.com Group A/S Lauritz.com Group A/S publishes its annual report 2021 Pressreleaser Visa Stäng

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