LEXCO Law Offices DK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LEXCO Law Offices DK ApS
LEXCO Law Offices DK ApS (CVR number: 35816232) is a company from GENTOFTE. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 42.9 % compared to the previous year. The operating profit percentage was at 36.8 % (EBIT: 0.4 mDKK), while net earnings were 344.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent and Return on Equity (ROE) was 71.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LEXCO Law Offices DK ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 352.09 | 369.75 | 367.18 | 775.88 | 1 108.80 |
Gross profit | 92.66 | 29.66 | -5.58 | 171.29 | 712.87 |
EBIT | 25.18 | -42.07 | -69.87 | 160.11 | 407.97 |
Net earnings | 23.27 | -47.08 | -71.67 | 85.76 | 344.41 |
Shareholders equity total | 373.23 | 326.15 | 254.49 | 250.86 | 708.32 |
Balance sheet total (assets) | 476.14 | 510.45 | 462.40 | 400.72 | 1 649.97 |
Net debt | -31.99 | -44.72 | -38.60 | - 295.39 | 392.63 |
Profitability | |||||
EBIT-% | 7.2 % | -11.4 % | -19.0 % | 20.6 % | 36.8 % |
ROA | 5.5 % | -8.5 % | -14.4 % | 40.2 % | 39.8 % |
ROE | 6.4 % | -13.5 % | -24.7 % | 33.9 % | 71.8 % |
ROI | 7.0 % | -12.0 % | -24.1 % | 58.0 % | 59.7 % |
Economic value added (EVA) | 8.56 | -59.22 | -84.01 | 84.63 | 352.69 |
Solvency | |||||
Equity ratio | 78.4 % | 63.9 % | 55.0 % | 62.6 % | 42.9 % |
Gearing | 57.6 % | ||||
Relative net indebtedness % | 20.1 % | 37.7 % | 46.1 % | -18.8 % | 83.5 % |
Liquidity | |||||
Quick ratio | 3.0 | 2.2 | 1.7 | 2.5 | 0.5 |
Current ratio | 3.1 | 2.3 | 1.8 | 2.5 | 0.5 |
Cash and cash equivalents | 31.99 | 44.72 | 38.60 | 295.39 | 15.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 110.0 | ||||
Net working capital % | 62.3 % | 64.0 % | 44.9 % | 29.1 % | -41.7 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BBB |
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