LIVING DENMARK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26811821
Næsset 23, 8700 Horsens
mej.horsens@gmail.com

Company information

Official name
LIVING DENMARK HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About LIVING DENMARK HOLDING ApS

LIVING DENMARK HOLDING ApS (CVR number: 26811821K) is a company from HORSENS. The company recorded a gross profit of -80931.7 kDKK in 2022. The operating profit was -132.7 mDKK, while net earnings were -150.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -80 %, which can be considered poor and Return on Equity (ROE) was -208.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -51.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LIVING DENMARK HOLDING ApS's liquidity measured by quick ratio was 0.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2020
2021
2022
Volume
Net sales
Gross profit45 983.6356 700.93-80 931.75
EBIT6 719.36-9 720.28- 132 703.66
Net earnings2 761.23-8 031.02- 150 324.72
Shareholders equity total83 776.0870 606.51-81 006.52
Balance sheet total (assets)235 388.59223 709.8575 297.98
Net debt47 702.1834 826.2935 503.04
Profitability
EBIT-%
ROA3.0 %-2.9 %-80.0 %
ROE3.7 %-11.2 %-208.2 %
ROI4.1 %-3.9 %-98.1 %
Economic value added (EVA)- 405.524 421.30-12 389.79- 131 140.47
Solvency
Equity ratio37.5 %32.7 %-51.8 %
Gearing85.0 %85.7 %-59.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.3
Current ratio0.90.90.3
Cash and cash equivalents23 481.7625 677.2712 794.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:-80.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-51.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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