Credit rating
Company information
About LEN-PROMOTION ApS
LEN-PROMOTION ApS (CVR number: 14596038) is a company from RUDERSDAL. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 72.7 % compared to the previous year. The operating profit percentage was at 89.5 % (EBIT: 1 mDKK), while net earnings were -74.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39.8 %, which can be considered excellent but Return on Equity (ROE) was -23.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LEN-PROMOTION ApS's liquidity measured by quick ratio was 13.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 844.80 | 1 255.19 | 1 679.42 | 621.94 | 1 073.79 |
Gross profit | 2 663.15 | 5 664.50 | 485.72 | - 176.76 | 1 083.66 |
EBIT | 747.43 | - 133.53 | 33.18 | - 745.42 | 960.64 |
Net earnings | 39 951.59 | 12 822.80 | 56 071.09 | -27 131.06 | -74 256.95 |
Shareholders equity total | 395 130.19 | 404 952.99 | 451 024.07 | 381 893.01 | 240 936.06 |
Balance sheet total (assets) | 408 971.49 | 417 853.82 | 485 519.36 | 400 778.91 | 255 328.10 |
Net debt | - 243 986.03 | - 239 177.54 | - 282 650.66 | - 179 930.15 | - 147 211.24 |
Profitability | |||||
EBIT-% | 40.5 % | -10.6 % | 2.0 % | -119.9 % | 89.5 % |
ROA | 15.6 % | 6.0 % | 14.6 % | 6.0 % | 39.8 % |
ROE | 10.3 % | 3.2 % | 13.1 % | -6.5 % | -23.8 % |
ROI | 15.5 % | 5.9 % | 16.4 % | 6.2 % | -20.5 % |
Economic value added (EVA) | -5 812.73 | -6 716.01 | -7 328.36 | -7 880.08 | -9 867.08 |
Solvency | |||||
Equity ratio | 96.6 % | 96.9 % | 92.9 % | 95.3 % | 94.4 % |
Gearing | 1.5 % | 2.8 % | 4.2 % | 4.9 % | 2.8 % |
Relative net indebtedness % | -12796.1 % | -18917.6 % | -15913.1 % | -28927.0 % | -12996.9 % |
Liquidity | |||||
Quick ratio | 18.3 | 19.7 | 9.6 | 12.6 | 13.4 |
Current ratio | 20.5 | 22.5 | 10.9 | 15.7 | 17.8 |
Cash and cash equivalents | 249 903.54 | 250 351.97 | 301 743.16 | 198 794.31 | 153 897.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 76.5 | 112.4 | 84.0 | 445.1 | 131.4 |
Net working capital % | 1345.0 % | 2392.4 % | 1225.8 % | 7095.0 % | 4961.4 % |
Credit risk | |||||
Credit rating | AA | AA | A | BBB | BB |
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