LUND & MORTHORST EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 35532013
Virkelyst 56, 7400 Herning

Credit rating

Company information

Official name
LUND & MORTHORST EJENDOMME ApS
Established
2013
Company form
Private limited company
Industry

About LUND & MORTHORST EJENDOMME ApS

LUND & MORTHORST EJENDOMME ApS (CVR number: 35532013) is a company from HERNING. The company recorded a gross profit of 224.7 kDKK in 2024. The operating profit was 165.9 kDKK, while net earnings were 76.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LUND & MORTHORST EJENDOMME ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit181.79188.43193.88222.23224.66
EBIT123.04129.69135.14163.48165.92
Net earnings35.4341.7846.2872.8176.89
Shareholders equity total226.96268.75315.03387.83464.73
Balance sheet total (assets)3 139.843 171.113 438.102 783.022 723.90
Net debt2 347.642 528.232 126.372 031.821 908.05
Profitability
EBIT-%
ROA4.0 %4.1 %4.1 %5.3 %6.0 %
ROE16.9 %16.9 %15.9 %20.7 %18.0 %
ROI4.1 %4.2 %4.2 %5.3 %6.1 %
Economic value added (EVA)88.29104.1795.03149.00114.23
Solvency
Equity ratio7.2 %8.5 %9.2 %13.9 %17.1 %
Gearing1160.3 %963.6 %910.5 %546.0 %423.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.30.10.1
Current ratio0.10.20.30.10.1
Cash and cash equivalents285.9061.53742.0985.7361.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.03%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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