Lundsteen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 40588663
Thyrasgade 15, 8260 Viby J

Credit rating

Company information

Official name
Lundsteen Ejendomme ApS
Established
2019
Company form
Private limited company
Industry

About Lundsteen Ejendomme ApS

Lundsteen Ejendomme ApS (CVR number: 40588663) is a company from AARHUS. The company recorded a gross profit of 91.6 kDKK in 2023. The operating profit was 91.6 kDKK, while net earnings were -48.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Lundsteen Ejendomme ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit62.72127.0448.62-78.9591.60
EBIT784.55-18.4348.62- 178.9591.60
Net earnings595.15-70.94-14.28139.50-48.70
Shareholders equity total635.15564.22550.94690.44641.74
Balance sheet total (assets)3 989.384 503.194 524.114 532.644 419.49
Net debt3 129.363 777.363 756.573 291.573 347.14
Profitability
EBIT-%
ROA19.7 %-0.4 %1.1 %9.0 %2.0 %
ROE93.7 %-11.8 %-2.6 %22.5 %-7.3 %
ROI20.0 %-0.4 %1.1 %9.3 %2.2 %
Economic value added (EVA)611.95- 147.83-74.52- 318.46-66.51
Solvency
Equity ratio16.0 %12.5 %12.2 %15.2 %14.5 %
Gearing492.7 %670.1 %686.2 %495.9 %522.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.50.1
Current ratio0.10.40.50.1
Cash and cash equivalents3.1924.11132.645.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.05%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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