LAUNIS A/S — Credit Rating and Financial Key Figures

CVR number: 10405173
Silovej 8, 9900 Frederikshavn
launis@launis.com
tel: 96216666

Credit rating

Company information

Official name
LAUNIS A/S
Personnel
40 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

About LAUNIS A/S

LAUNIS A/S (CVR number: 10405173) is a company from FREDERIKSHAVN. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was -8298.2 kDKK, while net earnings were -9864.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.3 %, which can be considered poor and Return on Equity (ROE) was -49.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LAUNIS A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit8 000.0017 000.0017 000.0011 142.2311 928.65
EBIT-7 000.002 000.003 000.00-3 642.47-8 298.23
Net earnings-7 000.003 000.006 000.00-3 300.60-9 864.39
Shareholders equity total19 000.0022 000.0028 000.0024 555.4515 352.90
Balance sheet total (assets)76 000.0055 000.0054 000.0080 882.5853 617.68
Net debt35 870.6218 160.41
Profitability
EBIT-%
ROA-7.8 %3.1 %5.5 %-5.3 %-12.3 %
ROE-31.1 %14.6 %24.0 %-12.6 %-49.4 %
ROI-7.8 %3.1 %5.5 %-6.0 %-16.5 %
Economic value added (EVA)-8 306.501 045.251 894.50-4 319.28-10 024.10
Solvency
Equity ratio100.0 %100.0 %100.0 %30.4 %28.6 %
Gearing149.5 %122.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.5
Current ratio1.31.3
Cash and cash equivalents840.98577.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-12.3%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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