Lorentzen Kolding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lorentzen Kolding ApS
Lorentzen Kolding ApS (CVR number: 32158439) is a company from KOLDING. The company recorded a gross profit of -10 kDKK in 2022. The operating profit was -10 kDKK, while net earnings were -85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -15.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64 %, 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. Lorentzen Kolding ApS's liquidity measured by quick ratio was 2.8 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.68 | -24.38 | -18.20 | -8.30 | -10.00 |
EBIT | -16.68 | -24.38 | -18.20 | -8.30 | -10.00 |
Net earnings | 98.64 | 1 220.63 | 435.40 | 47.00 | -85.60 |
Shareholders equity total | 280.76 | 1 501.39 | 936.79 | 583.79 | 498.20 |
Balance sheet total (assets) | 314.56 | 1 634.45 | 1 314.99 | 1 084.15 | 778.55 |
Net debt | - 139.22 | -1 594.54 | - 922.64 | - 467.19 | - 483.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.6 % | 135.6 % | 38.1 % | 5.2 % | -0.9 % |
ROE | 42.6 % | 137.0 % | 35.7 % | 6.2 % | -15.8 % |
ROI | 36.1 % | 143.7 % | 41.4 % | 5.6 % | -0.9 % |
Economic value added (EVA) | -5.07 | -15.61 | -6.24 | 12.37 | 17.34 |
Solvency | |||||
Equity ratio | 89.3 % | 91.9 % | 71.2 % | 53.8 % | 64.0 % |
Gearing | 10.3 % | 1.9 % | 26.5 % | 82.0 % | 54.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.0 | 12.2 | 3.1 | 1.9 | 2.8 |
Current ratio | 5.0 | 12.2 | 3.1 | 1.9 | 2.8 |
Cash and cash equivalents | 168.01 | 1 623.34 | 1 170.71 | 945.77 | 754.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
Variable visualization
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