Ivar Lundgårds Vej 4 ApS — Credit Rating and Financial Key Figures

CVR number: 40477314
Granbakken 1, 7500 Holstebro

Credit rating

Company information

Official name
Ivar Lundgårds Vej 4 ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon681100

About Ivar Lundgårds Vej 4 ApS

Ivar Lundgårds Vej 4 ApS (CVR number: 40477314) is a company from HOLSTEBRO. The company recorded a gross profit of 796.5 kDKK in 2023. The operating profit was 796.5 kDKK, while net earnings were 263.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. Ivar Lundgårds Vej 4 ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit920.16864.501 053.391 492.56796.50
EBIT6 007.59826.002 183.961 492.56796.50
Net earnings4 499.31406.431 540.66928.92263.40
Shareholders equity total4 680.245 086.676 627.337 556.257 819.65
Balance sheet total (assets)15 362.1015 817.6517 352.4016 780.8917 945.14
Net debt16 651.258 929.928 626.107 222.978 245.92
Profitability
EBIT-%
ROA39.1 %5.3 %13.2 %9.0 %5.0 %
ROE96.1 %8.3 %26.3 %13.1 %3.4 %
ROI26.7 %4.4 %13.8 %9.3 %5.0 %
Economic value added (EVA)4 685.9390.701 137.90530.72-89.55
Solvency
Equity ratio31.1 %32.8 %38.9 %45.0 %43.6 %
Gearing356.0 %175.6 %130.2 %95.6 %105.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.51.21.0
Current ratio0.20.40.51.21.0
Cash and cash equivalents9.045.621.631.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.97%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.6%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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