Ludvig ApS — Credit Rating and Financial Key Figures

CVR number: 29820023
Lausdal 6, Løvskal 8850 Bjerringbro
john-b-hahn@godmail.dk
tel: 40363184

Company information

Official name
Ludvig ApS
Established
2009
Domicile
Løvskal
Company form
Private limited company
Industry

About Ludvig ApS

Ludvig ApS (CVR number: 29820023) is a company from VIBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 300 % compared to the previous year. The operating profit percentage was at 28.9 % (EBIT: 0 mDKK), while net earnings were 14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ludvig ApS's liquidity measured by quick ratio was 4.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales12.3049.20
Gross profit-6.63-3.00-3.75-20.9416.99
EBIT-6.63-3.00-3.75-38.0814.21
Net earnings37.562 293.85-5.12-53.8514.83
Shareholders equity total58.472 352.332 347.202 293.361 475.19
Balance sheet total (assets)2 663.472 701.432 697.062 336.111 546.16
Net debt2 600.00- 298.63- 154.40- 197.71
Profitability
EBIT-%-309.6 %28.9 %
ROA1.4 %98.4 %-0.2 %-1.5 %0.7 %
ROE94.6 %190.3 %-0.2 %-2.3 %0.8 %
ROI1.4 %105.4 %-0.2 %-1.6 %0.8 %
Economic value added (EVA)-7.68-5.55- 121.95- 155.53-92.67
Solvency
Equity ratio2.2 %87.1 %87.0 %98.2 %95.4 %
Gearing4446.4 %0.4 %
Relative net indebtedness %-907.7 %-269.0 %
Liquidity
Quick ratio1.07.77.728.44.7
Current ratio1.07.77.728.44.7
Cash and cash equivalents298.63154.40203.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %9512.8 %539.0 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:0.73%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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