LUND ApS — Credit Rating and Financial Key Figures

CVR number: 20464070
Asgårdsvej 1, 1811 Frederiksberg C
tlj@depcon.dk
tel: 24299999

Credit rating

Company information

Official name
LUND ApS
Established
1997
Company form
Private limited company
Industry

About LUND ApS

LUND ApS (CVR number: 20464070) is a company from FREDERIKSBERG. The company recorded a gross profit of 28.8 kDKK in 2023. The operating profit was 28.8 kDKK, while net earnings were 12.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LUND ApS's liquidity measured by quick ratio was 0.4 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 profit-51.68-24.8412.3325.9528.79
EBIT-51.68-24.8412.3325.9528.79
Net earnings-38.42- 325.46990.25-24.9512.84
Shareholders equity total1 787.361 361.902 352.152 327.202 340.04
Balance sheet total (assets)3 638.763 199.094 262.813 777.343 208.07
Net debt1 060.721 023.741 217.531 291.69718.05
Profitability
EBIT-%
ROA-0.3 %-8.7 %27.2 %0.6 %1.3 %
ROE-2.1 %-20.7 %53.3 %-1.1 %0.6 %
ROI-0.3 %-8.8 %27.3 %0.6 %1.4 %
Economic value added (EVA)- 171.77- 142.73- 102.05-36.97-0.67
Solvency
Equity ratio49.1 %42.6 %55.2 %61.6 %72.9 %
Gearing99.0 %134.3 %79.9 %60.8 %36.1 %
Relative net indebtedness %
Liquidity
Quick ratio12.012.05.40.20.4
Current ratio12.012.05.40.20.4
Cash and cash equivalents709.28805.91662.50124.25127.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:1.35%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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