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L.G. Vinther ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About L.G. Vinther ApS
L.G. Vinther ApS (CVR number: 38988220) is a company from FREDERIKSHAVN. The company recorded a gross profit of 77.8 kDKK in 2024. The operating profit was -31.3 kDKK, while net earnings were -33.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -49.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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.G. Vinther ApS's liquidity measured by quick ratio was 1.3 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 | 116.51 | 43.33 | 114.26 | 227.51 | 77.83 |
| EBIT | 107.65 | 23.05 | 62.64 | 101.83 | -31.25 |
| Net earnings | 79.55 | 17.61 | 45.10 | 70.76 | -33.78 |
| Shareholders equity total | -48.53 | -30.92 | 14.18 | 84.94 | 51.16 |
| Balance sheet total (assets) | 89.90 | 77.72 | 226.18 | 321.14 | 138.85 |
| Net debt | -89.90 | -71.22 | -4.93 | - 179.81 | -50.69 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 65.5 % | 18.7 % | 37.4 % | 37.2 % | -13.4 % |
| ROE | 104.6 % | 21.0 % | 98.1 % | 142.8 % | -49.6 % |
| ROI | 883.6 % | 205.5 % | -45.4 % | ||
| Economic value added (EVA) | 86.88 | 20.43 | 46.91 | 71.84 | -35.52 |
| Solvency | |||||
| Equity ratio | -35.1 % | -28.5 % | 6.3 % | 26.4 % | 36.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.6 | 0.7 | 1.1 | 1.4 | 1.3 |
| Current ratio | 0.6 | 0.7 | 1.1 | 1.4 | 1.6 |
| Cash and cash equivalents | 89.90 | 71.22 | 4.93 | 179.81 | 50.69 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | BB | BB |
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