LG MONTAGE A/S — Credit Rating and Financial Key Figures

CVR number: 21835889
Lufthavnsvej 25, 9400 Nørresundby
tel: 98194544

Credit rating

Company information

Official name
LG MONTAGE A/S
Personnel
42 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit22 453.7920 038.5716 420.4126 487.7215 166.25
EBIT2 517.431 368.45-2 261.623 726.70-3 012.90
Net earnings1 876.161 029.06-1 902.232 616.81-2 894.78
Shareholders equity total8 069.237 598.294 696.067 312.874 418.09
Balance sheet total (assets)16 016.6521 606.9625 685.2726 094.0218 398.93
Net debt30.683 175.528 482.909 101.936 731.63
Profitability
EBIT-%
ROA15.2 %7.3 %-9.6 %14.4 %-13.5 %
ROE26.3 %13.1 %-30.9 %43.6 %-49.4 %
ROI26.4 %13.5 %-18.0 %24.5 %-20.9 %
Economic value added (EVA)1 629.08657.95-2 146.492 637.46-2 832.30
Solvency
Equity ratio50.4 %35.2 %18.3 %28.0 %24.0 %
Gearing0.5 %41.8 %180.8 %124.5 %152.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.21.01.31.1
Current ratio1.31.21.01.31.1
Cash and cash equivalents13.452.006.253.404.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:-13.5%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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