LB AF 1. SEPTEMBER 1998 ApS — Credit Rating and Financial Key Figures

CVR number: 21157945
Rødmosevej 162, Tiufkær 6052 Viuf

Credit rating

Company information

Official name
LB AF 1. SEPTEMBER 1998 ApS
Personnel
1 person
Established
1998
Domicile
Tiufkær
Company form
Private limited company
Industry

About LB AF 1. SEPTEMBER 1998 ApS

LB AF 1. SEPTEMBER 1998 ApS (CVR number: 21157945) is a company from VEJLE. The company recorded a gross profit of -45.5 kDKK in 2023. The operating profit was -559.3 kDKK, while net earnings were -3324.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LB AF 1. SEPTEMBER 1998 ApS's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-80.27-32.16- 163.21- 119.32-45.53
EBIT- 310.83- 283.10-1 693.90253.41- 559.25
Net earnings3 457.431 832.544 670.22- 835.43-3 324.39
Shareholders equity total19 686.5021 269.0425 439.2624 103.8220 279.44
Balance sheet total (assets)21 784.3024 046.8933 686.9632 468.4729 113.22
Net debt-8 560.94-8 570.68-4 254.48-3 176.76-5 059.31
Profitability
EBIT-%
ROA17.4 %8.2 %16.9 %-0.7 %-8.8 %
ROE19.1 %8.9 %20.0 %-3.4 %-15.0 %
ROI19.3 %9.0 %18.3 %-0.7 %-9.4 %
Economic value added (EVA)- 656.46- 833.43-2 285.58- 555.96-1 255.83
Solvency
Equity ratio90.4 %88.4 %75.5 %74.2 %69.7 %
Gearing0.7 %3.2 %23.5 %27.3 %33.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.64.12.01.71.7
Current ratio5.64.12.01.71.7
Cash and cash equivalents8 694.979 256.6310 221.739 766.2111 767.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAABBB

Variable visualization

ROA:-8.83%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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