LÜTIMEX ApS — Credit Rating and Financial Key Figures

CVR number: 50860213
Brudagervej 32, 5882 Vejstrup
tel: 64491137

Credit rating

Company information

Official name
LÜTIMEX ApS
Personnel
1 person
Established
1974
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LÜTIMEX ApS

LÜTIMEX ApS (CVR number: 50860213) is a company from SVENDBORG. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 380.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LÜTIMEX ApS's liquidity measured by quick ratio was 66.6 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-14.72-15.06-12.09-14.57-10.86
EBIT- 281.63- 309.41- 252.09-54.57-10.86
Net earnings- 453.45448.35- 780.069.96380.27
Shareholders equity total3 576.713 877.413 040.862 993.623 256.08
Balance sheet total (assets)3 693.663 923.173 062.993 010.873 305.73
Net debt-3 601.31-3 915.17-3 041.87-2 988.87-3 287.78
Profitability
EBIT-%
ROA-6.8 %11.9 %-7.2 %0.3 %12.0 %
ROE-11.8 %12.0 %-22.6 %0.3 %12.2 %
ROI-7.1 %12.1 %-7.3 %0.3 %12.2 %
Economic value added (EVA)- 280.12- 308.17- 250.19-54.52-11.09
Solvency
Equity ratio96.8 %98.8 %99.3 %99.4 %98.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio30.885.7138.4174.566.6
Current ratio30.885.7138.4174.566.6
Cash and cash equivalents3 601.313 915.173 041.872 988.873 287.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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