L&W Cider ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About L&W Cider ApS
L&W Cider ApS (CVR number: 37906379) is a company from KØBENHAVN. The company recorded a gross profit of 330.5 kDKK in 2023. The operating profit was -26 kDKK, while net earnings were -26 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -10.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.6 %, 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. L&W Cider 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 104.07 | 181.69 | 536.02 | 614.28 | 330.48 |
EBIT | 99.32 | 110.45 | 130.76 | 198.46 | -26.01 |
Net earnings | 76.36 | 84.36 | 98.18 | 153.47 | -26.00 |
Shareholders equity total | 118.18 | 202.53 | 200.72 | 334.19 | 173.19 |
Balance sheet total (assets) | 192.23 | 434.08 | 484.79 | 587.26 | 406.95 |
Net debt | -16.54 | - 202.18 | - 185.98 | - 306.67 | - 142.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 56.8 % | 35.3 % | 28.5 % | 37.0 % | -5.2 % |
ROE | 95.5 % | 52.6 % | 48.7 % | 57.4 % | -10.2 % |
ROI | 124.1 % | 68.9 % | 57.7 % | 67.3 % | -10.0 % |
Economic value added (EVA) | 80.22 | 80.64 | 100.90 | 161.33 | -27.14 |
Solvency | |||||
Equity ratio | 61.5 % | 46.7 % | 41.4 % | 56.9 % | 42.6 % |
Gearing | 24.9 % | 1.5 % | 2.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.1 | 1.5 | 1.2 |
Current ratio | 2.6 | 1.9 | 1.7 | 2.3 | 1.7 |
Cash and cash equivalents | 16.54 | 202.18 | 235.98 | 311.73 | 147.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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