Luitel ApS — Credit Rating and Financial Key Figures

CVR number: 37864951
Gl Frijsenborgvej 14 N, 8450 Hammel
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Credit rating

Company information

Official name
Luitel ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon61Telecommunications

About Luitel ApS

Luitel ApS (CVR number: 37864951) is a company from FAVRSKOV. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -65.9 % compared to the previous year. The operating profit percentage was at 39.4 % (EBIT: 0 mDKK), while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Luitel ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales246.30225.011.035.631.92
Gross profit158.29-10.29-27.45-5.830.76
EBIT49.03-25.38-27.45-5.830.76
Net earnings24.92-26.49-27.45-6.170.76
Shareholders equity total-52.84-5.6612.55-36.423.56
Balance sheet total (assets)96.2446.9946.059.623.56
Net debt-11.4810.8133.3438.18-0.49
Profitability
EBIT-%19.9 %-11.3 %-2662.2 %-103.5 %39.4 %
ROA40.9 %-25.1 %-55.6 %-12.7 %3.1 %
ROE42.6 %-37.0 %-92.2 %-55.6 %11.5 %
ROI68.2 %-64.8 %-94.1 %-12.7 %3.1 %
Economic value added (EVA)53.59-18.85-27.09-7.832.98
Solvency
Equity ratio-35.4 %-10.7 %27.2 %-79.1 %100.0 %
Gearing-124.4 %-217.0 %267.1 %-126.4 %
Relative net indebtedness %29.2 %22.7 %3234.1 %677.7 %-25.2 %
Liquidity
Quick ratio0.60.30.30.2
Current ratio0.60.30.30.2
Cash and cash equivalents77.181.460.167.860.49
Capital use efficiency
Trade debtors turnover (days)28.220.63 530.7
Net working capital %-21.5 %-15.9 %-1995.2 %-596.8 %55.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.06%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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