LOUIS VUITTON DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOUIS VUITTON DANMARK A/S
LOUIS VUITTON DANMARK A/S (CVR number: 11935893) is a company from KØBENHAVN. The company reported a net sales of 293.1 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 26.8 % (EBIT: 78.5 mDKK), while net earnings were 62.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 82.6 %, which can be considered excellent and Return on Equity (ROE) was 95.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. LOUIS VUITTON DANMARK A/S's liquidity measured by quick ratio was 2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 284 661.17 | 293 091.66 | |||
Gross profit | 99 747.49 | 98 270.77 | 93 009.14 | ||
EBIT | 72 048.00 | 82 609.00 | 90 375.80 | 86 228.89 | 78 523.52 |
Net earnings | 56 067.00 | 64 398.00 | 70 305.84 | 67 385.87 | 62 131.90 |
Shareholders equity total | 56 567.00 | 64 898.00 | 70 805.84 | 67 885.87 | 62 631.90 |
Balance sheet total (assets) | 79 040.00 | 96 789.00 | 94 457.30 | 95 274.41 | 99 639.10 |
Net debt | 5 808.78 | 3 412.90 | 3 947.30 | ||
Profitability | |||||
EBIT-% | 30.3 % | 26.8 % | |||
ROA | 102.6 % | 94.0 % | 94.7 % | 91.3 % | 82.6 % |
ROE | 114.8 % | 106.0 % | 103.6 % | 97.2 % | 95.2 % |
ROI | 102.6 % | 94.0 % | 103.4 % | 114.0 % | 112.3 % |
Economic value added (EVA) | 69 982.67 | 79 766.51 | 66 956.04 | 63 820.88 | 57 413.87 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 75.0 % | 71.3 % | 62.9 % |
Gearing | 10.7 % | 8.3 % | 11.4 % | ||
Relative net indebtedness % | 8.8 % | 11.5 % | |||
Liquidity | |||||
Quick ratio | 3.5 | 2.9 | 2.0 | ||
Current ratio | 3.8 | 3.2 | 2.4 | ||
Cash and cash equivalents | 1 781.68 | 2 254.30 | 3 207.43 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.9 | 3.2 | |||
Net working capital % | 21.6 % | 17.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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