LG MONTAGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LG MONTAGE A/S
LG MONTAGE A/S (CVR number: 21835889) is a company from AALBORG. The company recorded a gross profit of 15.2 mDKK in 2023. The operating profit was -3012.9 kDKK, while net earnings were -2894.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.5 %, 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 24 %, 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. LG MONTAGE A/S's liquidity measured by quick ratio was 1.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 453.79 | 20 038.57 | 16 420.41 | 26 487.72 | 15 166.25 |
EBIT | 2 517.43 | 1 368.45 | -2 261.62 | 3 726.70 | -3 012.90 |
Net earnings | 1 876.16 | 1 029.06 | -1 902.23 | 2 616.81 | -2 894.78 |
Shareholders equity total | 8 069.23 | 7 598.29 | 4 696.06 | 7 312.87 | 4 418.09 |
Balance sheet total (assets) | 16 016.65 | 21 606.96 | 25 685.27 | 26 094.02 | 18 398.93 |
Net debt | 30.68 | 3 175.52 | 8 482.90 | 9 101.93 | 6 731.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 7.3 % | -9.6 % | 14.4 % | -13.5 % |
ROE | 26.3 % | 13.1 % | -30.9 % | 43.6 % | -49.4 % |
ROI | 26.4 % | 13.5 % | -18.0 % | 24.5 % | -20.9 % |
Economic value added (EVA) | 1 629.08 | 657.95 | -2 146.49 | 2 637.46 | -2 832.30 |
Solvency | |||||
Equity ratio | 50.4 % | 35.2 % | 18.3 % | 28.0 % | 24.0 % |
Gearing | 0.5 % | 41.8 % | 180.8 % | 124.5 % | 152.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.2 | 1.0 | 1.3 | 1.1 |
Current ratio | 1.3 | 1.2 | 1.0 | 1.3 | 1.1 |
Cash and cash equivalents | 13.45 | 2.00 | 6.25 | 3.40 | 4.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BBB |
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