Lotte Damkjær Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lotte Damkjær Holding ApS
Lotte Damkjær Holding ApS (CVR number: 29811431) is a company from VEJLE. The company recorded a gross profit of -101.6 kDKK in 2023. The operating profit was -101.6 kDKK, while net earnings were 8323.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. Lotte Damkjær Holding ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 136.92 | - 101.62 | |||
EBIT | -99.18 | - 141.52 | - 144.78 | - 136.92 | - 101.62 |
Net earnings | 18 575.45 | 13 638.86 | 11 881.32 | -16 932.65 | 8 323.05 |
Shareholders equity total | 118 978.64 | 132 617.50 | 144 498.82 | 127 566.17 | 135 889.22 |
Balance sheet total (assets) | 137 421.82 | 152 945.73 | 224 495.92 | 183 306.85 | 177 677.39 |
Net debt | - 113 781.88 | - 105 189.95 | -57 605.85 | -32 571.87 | -54 931.15 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.5 % | 12.4 % | 9.4 % | 0.7 % | 7.3 % |
ROE | 16.8 % | 10.8 % | 8.6 % | -12.4 % | 6.3 % |
ROI | 21.9 % | 13.4 % | 9.6 % | 0.7 % | 7.3 % |
Economic value added (EVA) | 1 518.55 | 750.71 | 414.85 | 3 046.50 | 1 612.96 |
Solvency | |||||
Equity ratio | 86.6 % | 86.7 % | 64.4 % | 69.6 % | 76.5 % |
Gearing | 12.4 % | 51.8 % | 43.6 % | 30.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.2 | 6.5 | 1.9 | 2.0 | 2.5 |
Current ratio | 6.2 | 6.5 | 1.9 | 2.0 | 2.5 |
Cash and cash equivalents | 113 781.88 | 121 577.43 | 132 516.04 | 88 219.70 | 96 602.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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