LP Racks ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LP Racks ApS
LP Racks ApS (CVR number: 32338593) is a company from HEDENSTED. The company recorded a gross profit of 103.3 kDKK in 2024. The operating profit was -3.4 kDKK, while net earnings were 29.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. LP Racks ApS's liquidity measured by quick ratio was 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 818.08 | 478.67 | 285.02 | 264.69 | 103.35 |
EBIT | 746.58 | 389.28 | 131.24 | 141.17 | -3.43 |
Net earnings | 576.20 | 298.63 | 94.85 | 129.19 | 29.32 |
Shareholders equity total | 776.20 | 498.63 | 593.48 | 722.67 | 751.99 |
Balance sheet total (assets) | 1 106.75 | 1 486.06 | 1 429.59 | 1 649.98 | 2 932.48 |
Net debt | -32.16 | 206.36 | 530.33 | 426.59 | 896.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 66.5 % | 30.6 % | 9.7 % | 11.4 % | 2.2 % |
ROE | 84.2 % | 46.8 % | 17.4 % | 19.6 % | 4.0 % |
ROI | 95.9 % | 47.1 % | 13.4 % | 14.0 % | 3.0 % |
Economic value added (EVA) | 542.48 | 262.14 | 52.96 | 46.94 | -67.09 |
Solvency | |||||
Equity ratio | 70.1 % | 36.9 % | 41.5 % | 45.0 % | 31.2 % |
Gearing | 0.5 % | 81.1 % | 103.7 % | 78.0 % | 176.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 1.5 | 1.5 | 1.4 | 1.5 |
Current ratio | 3.1 | 1.4 | 1.6 | 1.7 | 1.3 |
Cash and cash equivalents | 35.69 | 198.13 | 85.21 | 136.77 | 432.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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