Lunar Block A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lunar Block A/S
Lunar Block A/S (CVR number: 38808117) is a company from AARHUS. The company recorded a gross profit of -2413 kDKK in 2023. The operating profit was -2413 kDKK, while net earnings were -3389 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -72.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lunar Block A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -23.23 | - 111.64 | - 229.00 | -7 326.00 | -2 413.00 |
EBIT | -23.23 | - 111.64 | - 229.00 | -7 326.00 | -2 413.00 |
Net earnings | -57.95 | - 614.09 | - 236.00 | -8 275.00 | -3 389.00 |
Shareholders equity total | 1 486.85 | 4 872.76 | 4 637.00 | 6 362.00 | 2 972.00 |
Balance sheet total (assets) | 2 830.94 | 5 174.68 | 4 715.00 | 14 472.00 | 11 678.00 |
Net debt | - 363.49 | -4 332.05 | -4 527.00 | -1 819.00 | 366.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.8 % | -2.8 % | -3.7 % | -74.9 % | -17.1 % |
ROE | -4.4 % | -19.3 % | -5.0 % | -150.5 % | -72.6 % |
ROI | -1.1 % | -3.4 % | -3.8 % | -80.1 % | -18.4 % |
Economic value added (EVA) | -75.08 | - 135.72 | - 256.17 | -7 311.17 | -2 269.18 |
Solvency | |||||
Equity ratio | 52.5 % | 94.2 % | 98.3 % | 44.0 % | 25.4 % |
Gearing | 109.1 % | 269.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 17.1 | 59.7 | 1.8 | 1.3 |
Current ratio | 2.7 | 17.1 | 59.7 | 1.8 | 1.3 |
Cash and cash equivalents | 363.49 | 4 332.05 | 4 527.00 | 8 761.00 | 7 637.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | BB | BB |
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