Lundbach ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lundbach ApS
Lundbach ApS (CVR number: 30527488) is a company from ROSKILDE. The company recorded a gross profit of -50.3 kDKK in 2023. The operating profit was -659.6 kDKK, while net earnings were -661.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -79.8 %, which can be considered poor and Return on Equity (ROE) was -96.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.4 %, 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. Lundbach ApS's liquidity measured by quick ratio was 14.3 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 | 821.23 | 835.09 | 891.71 | 592.92 | -50.32 |
| EBIT | 6.90 | 124.03 | 102.35 | - 340.44 | - 659.58 |
| Net earnings | 3.34 | 87.30 | 158.85 | - 342.68 | - 661.77 |
| Shareholders equity total | 963.39 | 1 044.44 | 1 203.29 | 1 167.28 | 205.51 |
| Balance sheet total (assets) | 1 320.78 | 1 785.98 | 2 203.39 | 1 357.61 | 296.21 |
| Net debt | - 363.73 | - 859.50 | -1 021.11 | -1 300.05 | - 208.60 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.5 % | 8.0 % | 5.1 % | -19.1 % | -79.8 % |
| ROE | 0.3 % | 8.7 % | 14.1 % | -28.9 % | -96.4 % |
| ROI | 0.7 % | 11.6 % | 8.6 % | -27.0 % | -87.2 % |
| Economic value added (EVA) | -28.42 | 65.21 | 63.38 | - 349.60 | - 652.91 |
| Solvency | |||||
| Equity ratio | 72.9 % | 58.5 % | 54.6 % | 86.0 % | 69.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.3 | 1.2 | 11.3 | 14.3 |
| Current ratio | 4.3 | 2.6 | 2.3 | 11.3 | 14.3 |
| Cash and cash equivalents | 363.73 | 859.50 | 1 021.11 | 1 300.05 | 208.60 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | B | B |
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