Logitech Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Logitech Denmark ApS
Logitech Denmark ApS (CVR number: 43411799) is a company from KØBENHAVN. The company reported a net sales of 8.6 mDKK in 2024, demonstrating a growth of 8.2 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 0.6 mDKK), while net earnings were 472 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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. Logitech Denmark ApS's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 7 954.00 | 8 610.00 | |
Gross profit | 4 771.00 | 4 927.00 | |
EBIT | -16.00 | 711.00 | 556.00 |
Net earnings | -16.00 | 533.00 | 472.00 |
Shareholders equity total | 384.00 | 917.00 | 1 389.00 |
Balance sheet total (assets) | 1 756.00 | 2 526.00 | 2 295.00 |
Net debt | - 384.00 | - 429.00 | - 332.00 |
Profitability | |||
EBIT-% | 8.9 % | 6.5 % | |
ROA | -0.9 % | 33.4 % | 27.4 % |
ROE | -4.2 % | 81.9 % | 40.9 % |
ROI | -0.9 % | 48.5 % | 48.1 % |
Economic value added (EVA) | -16.00 | 453.91 | 351.93 |
Solvency | |||
Equity ratio | 21.9 % | 36.3 % | 60.5 % |
Gearing | 357.3 % | 30.3 % | 12.0 % |
Relative net indebtedness % | 11.3 % | 4.7 % | |
Liquidity | |||
Quick ratio | 1.3 | 1.6 | 2.5 |
Current ratio | 1.3 | 1.6 | 2.5 |
Cash and cash equivalents | 1 756.00 | 707.00 | 498.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 11.2 % | 15.9 % | |
Credit risk | |||
Credit rating | BB | BBB | BBB |
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