Søren Landtved Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40277587
Gartnervænget 1, Baaring Mark 5466 Asperup

Company information

Official name
Søren Landtved Holding ApS
Established
2019
Domicile
Baaring Mark
Company form
Private limited company
Industry

About Søren Landtved Holding ApS

Søren Landtved Holding ApS (CVR number: 40277587) is a company from MIDDELFART. The company reported a net sales of 3.8 mDKK in 2023, demonstrating a growth of 148.2 % compared to the previous year. The operating profit percentage was at 94.6 % (EBIT: 3.6 mDKK), while net earnings were 3891 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 40 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. Søren Landtved Holding ApS's liquidity measured by quick ratio was 1.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 698.362 047.072 812.901 524.963 784.68
Gross profit2 694.362 033.602 790.721 480.413 778.60
EBIT2 694.362 033.602 790.721 455.363 578.66
Net earnings2 695.252 080.713 163.86903.423 891.00
Shareholders equity total2 745.254 715.357 766.227 955.2411 478.44
Balance sheet total (assets)2 865.124 845.6011 025.2213 005.5416 800.12
Net debt-1 135.90-3 361.51121.22- 368.47
Profitability
EBIT-%99.9 %99.3 %99.2 %95.4 %94.6 %
ROA94.0 %54.3 %41.1 %14.2 %28.3 %
ROE98.2 %55.8 %50.7 %11.5 %40.0 %
ROI98.1 %56.0 %41.7 %14.3 %28.4 %
Economic value added (EVA)2 695.252 099.822 785.132 177.383 618.42
Solvency
Equity ratio95.8 %97.3 %70.4 %61.2 %68.3 %
Gearing0.3 %40.6 %63.0 %46.3 %
Relative net indebtedness %4.4 %-49.8 %-115.8 %10.6 %-9.4 %
Liquidity
Quick ratio1.09.62.01.11.2
Current ratio1.09.62.01.11.2
Cash and cash equivalents1 149.146 515.774 888.425 677.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.1 %22.9 %-5.3 %-268.3 %-111.7 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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