FONDEN LYSGLIMT
Credit rating
Company information
About FONDEN LYSGLIMT
FONDEN LYSGLIMT (CVR number: 17505718) is a company from GRIBSKOV. The company reported a net sales of 3.8 mDKK in 2023, demonstrating a growth of 40.4 % compared to the previous year. The operating profit percentage was at 12.7 % (EBIT: 0.5 mDKK), while net earnings were 457.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN LYSGLIMT's liquidity measured by quick ratio was 1.2 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 381.50 | 1 177.28 | 2 742.56 | 2 683.75 | 3 767.15 |
Gross profit | 1 661.11 | 788.52 | 2 049.57 | 1 590.16 | 2 328.32 |
EBIT | 110.40 | - 346.14 | 434.65 | -33.32 | 477.99 |
Net earnings | 81.48 | - 290.98 | 324.12 | -50.02 | 457.31 |
Shareholders equity total | 8 937.61 | 8 646.63 | 8 970.75 | 8 920.73 | 9 378.05 |
Balance sheet total (assets) | 12 027.31 | 11 622.89 | 11 667.44 | 11 110.64 | 11 402.37 |
Net debt | 1 234.13 | 1 280.01 | 956.59 | 1 274.68 | 617.24 |
Profitability | |||||
EBIT-% | 3.3 % | -29.4 % | 15.8 % | -1.2 % | 12.7 % |
ROA | 0.9 % | -2.9 % | 3.7 % | -0.3 % | 4.2 % |
ROE | 0.9 % | -3.3 % | 3.7 % | -0.6 % | 5.0 % |
ROI | 0.9 % | -3.1 % | 3.9 % | -0.3 % | 4.4 % |
Economic value added (EVA) | - 370.20 | - 760.02 | - 123.34 | - 507.07 | -16.38 |
Solvency | |||||
Equity ratio | 74.3 % | 74.7 % | 76.9 % | 80.3 % | 82.2 % |
Gearing | 29.8 % | 27.3 % | 23.0 % | 19.7 % | 15.6 % |
Relative net indebtedness % | 47.1 % | 160.9 % | 56.3 % | 62.5 % | 30.8 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.3 | 1.4 | 1.0 | 1.2 |
Current ratio | 2.2 | 1.2 | 1.4 | 1.0 | 1.2 |
Cash and cash equivalents | 1 426.15 | 1 082.19 | 1 106.03 | 486.86 | 841.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.8 | ||||
Net working capital % | 24.1 % | 16.8 % | 11.4 % | -0.6 % | 4.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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