LV Forsyningsservice aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About LV Forsyningsservice aps
LV Forsyningsservice aps (CVR number: 36707267) is a company from HEDENSTED. The company reported a net sales of 4.6 mDKK in 2024, demonstrating a growth of 5.4 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were 17.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 20.9 %, 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. LV Forsyningsservice aps's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 966.79 | 4 405.02 | 4 641.29 | ||
Gross profit | 2 766.24 | 2 796.12 | 3 070.21 | 3 887.88 | 4 061.75 |
EBIT | 81.97 | 43.72 | 46.36 | 37.89 | 38.69 |
Net earnings | 54.79 | 28.57 | 33.44 | 28.42 | 17.29 |
Shareholders equity total | 491.08 | 519.65 | 253.09 | 281.51 | 298.80 |
Balance sheet total (assets) | 1 898.59 | 1 276.00 | 1 086.13 | 1 253.53 | 1 429.24 |
Net debt | -1 231.27 | - 474.29 | -77.72 | -93.13 | 54.41 |
Profitability | |||||
EBIT-% | 1.2 % | 0.9 % | 0.8 % | ||
ROA | 5.3 % | 2.8 % | 3.9 % | 3.3 % | 2.9 % |
ROE | 11.8 % | 5.7 % | 8.7 % | 10.6 % | 6.0 % |
ROI | 17.7 % | 8.7 % | 12.0 % | 14.4 % | 12.4 % |
Economic value added (EVA) | 77.84 | 70.90 | 33.07 | 4.16 | 13.73 |
Solvency | |||||
Equity ratio | 25.9 % | 40.7 % | 23.3 % | 22.5 % | 20.9 % |
Gearing | 18.2 % | ||||
Relative net indebtedness % | 19.0 % | 20.0 % | 24.3 % | ||
Liquidity | |||||
Quick ratio | 1.3 | 1.6 | 1.2 | 1.3 | 1.3 |
Current ratio | 1.3 | 1.6 | 1.3 | 1.3 | 1.3 |
Cash and cash equivalents | 1 231.27 | 474.29 | 77.72 | 93.13 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.5 | 41.4 | 23.0 | ||
Net working capital % | 5.7 % | 6.1 % | 6.3 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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