LG FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 31626005
Plantagevej 10, 2800 Kgs.Lyngby

Company information

Official name
LG FINANS ApS
Established
2008
Company form
Private limited company
Industry

About LG FINANS ApS

LG FINANS ApS (CVR number: 31626005) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -102.3 kDKK in 2024. The operating profit was -102.3 kDKK, while net earnings were 2623.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.5 %, which can be considered excellent and Return on Equity (ROE) was 39.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. LG FINANS ApS's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-97.56- 120.37- 113.42-93.22- 102.28
EBIT-97.56- 120.37- 113.42-93.22- 102.28
Net earnings1 473.782 398.84- 235.87- 229.972 623.37
Shareholders equity total9 146.539 545.375 909.505 561.737 785.10
Balance sheet total (assets)11 060.7511 225.578 301.137 123.0710 648.71
Net debt-8 239.99-9 155.28-4 110.19-4 386.73-6 036.46
Profitability
EBIT-%
ROA19.1 %26.5 %11.3 %10.6 %34.5 %
ROE17.0 %25.7 %-3.1 %-4.0 %39.3 %
ROI19.6 %27.3 %11.5 %10.6 %35.0 %
Economic value added (EVA)-43.75-3.37-4.09-5.19-11.73
Solvency
Equity ratio82.7 %85.0 %71.2 %78.1 %73.1 %
Gearing17.5 %14.1 %40.0 %27.6 %33.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.26.32.93.93.0
Current ratio5.26.32.93.93.0
Cash and cash equivalents9 842.1610 501.326 476.825 923.088 647.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:34.5%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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