Litesolutions ApS — Credit Rating and Financial Key Figures

CVR number: 41091770
Stamholmen 99, 2650 Hvidovre
Tobias@litesolutions.dk
tel: 26840197

Credit rating

Company information

Official name
Litesolutions ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About Litesolutions ApS

Litesolutions ApS (CVR number: 41091770) is a company from HVIDOVRE. The company recorded a gross profit of 456.3 kDKK in 2023. The operating profit was 100.9 kDKK, while net earnings were 78 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 60.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Litesolutions ApS's liquidity measured by quick ratio was 2.1 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
2020202120222023
Volume
Net sales
Gross profit539.03403.76368.29456.33
EBIT23.2738.712.54100.92
Net earnings17.6030.691.7478.04
Shareholders equity total57.6088.3090.03168.08
Balance sheet total (assets)104.66228.95167.38322.50
Net debt- 104.66- 128.20- 108.86- 196.50
Profitability
EBIT-%
ROA22.2 %23.2 %1.3 %41.3 %
ROE30.6 %42.1 %1.9 %60.5 %
ROI40.4 %53.1 %2.8 %78.4 %
Economic value added (EVA)18.0033.674.5479.68
Solvency
Equity ratio55.0 %38.6 %53.8 %52.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.21.62.22.1
Current ratio2.21.62.22.1
Cash and cash equivalents104.66128.20108.86196.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:41.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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