LP Racks ApS — Credit Rating and Financial Key Figures

CVR number: 32338593
Fiskeparken 53, Snaptun 7130 Juelsminde
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Company information

Official name
LP Racks ApS
Personnel
3 persons
Established
2013
Domicile
Snaptun
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit818.08478.67285.02264.69103.35
EBIT746.58389.28131.24141.17-3.43
Net earnings576.20298.6394.85129.1929.32
Shareholders equity total776.20498.63593.48722.67751.99
Balance sheet total (assets)1 106.751 486.061 429.591 649.982 932.48
Net debt-32.16206.36530.33426.59896.85
Profitability
EBIT-%
ROA66.5 %30.6 %9.7 %11.4 %2.2 %
ROE84.2 %46.8 %17.4 %19.6 %4.0 %
ROI95.9 %47.1 %13.4 %14.0 %3.0 %
Economic value added (EVA)542.48262.1452.9646.94-67.09
Solvency
Equity ratio70.1 %36.9 %41.5 %45.0 %31.2 %
Gearing0.5 %81.1 %103.7 %78.0 %176.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.51.51.41.5
Current ratio3.11.41.61.71.3
Cash and cash equivalents35.69198.1385.21136.77432.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.19%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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