L.B. FINANS HORSENS ApS — Credit Rating and Financial Key Figures

CVR number: 29205582
Søndergade 24 E, 8783 Hornsyld
Free credit report Annual report

Company information

Official name
L.B. FINANS HORSENS ApS
Established
2005
Company form
Private limited company
Industry

About L.B. FINANS HORSENS ApS

L.B. FINANS HORSENS ApS (CVR number: 29205582) is a company from HEDENSTED. The company recorded a gross profit of 228.3 kDKK in 2024. The operating profit was 162.1 kDKK, while net earnings were 1418 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. L.B. FINANS HORSENS ApS's liquidity measured by quick ratio was 5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit324.50662.96183.54233.87228.29
EBIT238.50614.89138.36183.34162.06
Net earnings443.62747.381 913.38933.581 417.96
Shareholders equity total4 896.995 531.367 330.358 205.039 561.99
Balance sheet total (assets)6 517.027 078.228 945.829 627.5010 870.72
Net debt461.04769.43-2 032.07-3 397.86-4 977.68
Profitability
EBIT-%
ROA9.1 %16.3 %25.2 %10.9 %14.9 %
ROE9.4 %14.3 %29.8 %12.0 %16.0 %
ROI9.3 %16.7 %25.6 %11.0 %15.1 %
Economic value added (EVA)-90.42166.08- 218.64- 299.92- 351.06
Solvency
Equity ratio75.1 %78.1 %81.9 %85.2 %88.0 %
Gearing29.1 %26.3 %20.2 %15.4 %11.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.62.62.53.35.0
Current ratio0.62.62.53.35.0
Cash and cash equivalents963.30685.523 516.104 665.356 117.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.0%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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