L&W IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About L&W IT ApS
L&W IT ApS (CVR number: 38771841) is a company from HJØRRING. The company recorded a gross profit of -16.7 kDKK in 2024. The operating profit was -16.7 kDKK, while net earnings were 211.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. L&W IT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2.00 | -5.87 | -26.48 | -16.66 | |
EBIT | -2.00 | -5.87 | -26.48 | -16.66 | |
Net earnings | -22.04 | 147.46 | 149.22 | 94.12 | 211.77 |
Shareholders equity total | 160.74 | 308.20 | 457.43 | 551.55 | 763.32 |
Balance sheet total (assets) | 1 671.95 | 1 703.38 | 1 627.42 | 1 721.55 | 1 936.81 |
Net debt | - 203.60 | - 131.97 | -5.78 | -1 211.11 | -1 372.42 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.9 % | 11.1 % | 11.1 % | 6.7 % | 14.5 % |
ROE | -12.8 % | 62.9 % | 39.0 % | 18.7 % | 32.2 % |
ROI | 46.8 % | 79.5 % | 48.1 % | 22.4 % | 40.4 % |
Economic value added (EVA) | -11.18 | -8.08 | -20.28 | -45.08 | -41.01 |
Solvency | |||||
Equity ratio | 9.6 % | 18.1 % | 28.1 % | 32.0 % | 39.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.0 | 1.0 | 1.2 |
Current ratio | 0.1 | 0.1 | 0.0 | 1.0 | 1.2 |
Cash and cash equivalents | 203.60 | 131.97 | 5.78 | 1 211.11 | 1 372.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
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