LOGIC DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 21771309
Nøglegårdsvænge 31, 3540 Lynge
sl@logic-development.dk
tel: 21424146
www.logic-development.dk

Credit rating

Company information

Official name
LOGIC DEVELOPMENT ApS
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About LOGIC DEVELOPMENT ApS

LOGIC DEVELOPMENT ApS (CVR number: 21771309) is a company from ALLERØD. The company recorded a gross profit of 1109.3 kDKK in 2024. The operating profit was 301.5 kDKK, while net earnings were 226.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 18.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOGIC DEVELOPMENT ApS's liquidity measured by quick ratio was 8.6 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 profit1 335.55924.201 103.781 090.431 109.25
EBIT601.88140.44291.47277.70301.46
Net earnings538.19162.7871.74161.74226.67
Shareholders equity total1 548.051 410.831 382.561 344.301 070.97
Balance sheet total (assets)2 050.961 623.991 627.511 574.401 216.07
Net debt-1 471.46-1 188.09-1 189.89-1 176.33- 955.49
Profitability
EBIT-%
ROA34.2 %14.8 %18.3 %17.6 %21.8 %
ROE33.0 %11.0 %5.1 %11.9 %18.8 %
ROI42.6 %18.3 %21.2 %20.6 %25.0 %
Economic value added (EVA)467.51104.91215.40205.83226.70
Solvency
Equity ratio75.5 %86.9 %84.9 %85.4 %88.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.97.56.56.88.6
Current ratio3.97.56.56.88.6
Cash and cash equivalents1 471.461 188.091 189.891 176.33955.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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