LG FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 1 473.78 | 2 398.84 | - 235.87 | - 229.97 | 2 623.37 |
Shareholders equity total | 9 146.53 | 9 545.37 | 5 909.50 | 5 561.73 | 7 785.10 |
Balance sheet total (assets) | 11 060.75 | 11 225.57 | 8 301.13 | 7 123.07 | 10 648.71 |
Net debt | -8 239.99 | -9 155.28 | -4 110.19 | -4 386.73 | -6 036.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.1 % | 26.5 % | 11.3 % | 10.6 % | 34.5 % |
ROE | 17.0 % | 25.7 % | -3.1 % | -4.0 % | 39.3 % |
ROI | 19.6 % | 27.3 % | 11.5 % | 10.6 % | 35.0 % |
Economic value added (EVA) | -43.75 | -3.37 | -4.09 | -5.19 | -11.73 |
Solvency | |||||
Equity ratio | 82.7 % | 85.0 % | 71.2 % | 78.1 % | 73.1 % |
Gearing | 17.5 % | 14.1 % | 40.0 % | 27.6 % | 33.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 6.3 | 2.9 | 3.9 | 3.0 |
Current ratio | 5.2 | 6.3 | 2.9 | 3.9 | 3.0 |
Cash and cash equivalents | 9 842.16 | 10 501.32 | 6 476.82 | 5 923.08 | 8 647.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
Variable visualization
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