Tvedvej Lemvig A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tvedvej Lemvig A/S
Tvedvej Lemvig A/S (CVR number: 16586684) is a company from LEMVIG. The company recorded a gross profit of 3202.4 kDKK in 2024. The operating profit was 89.9 kDKK, while net earnings were -57.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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. Tvedvej Lemvig A/S's liquidity measured by quick ratio was 4.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 570.99 | 16 363.95 | 13 504.35 | 6 384.10 | 3 202.37 |
EBIT | 4 102.98 | 6 216.41 | 3 005.99 | -1 505.05 | 89.92 |
Net earnings | 3 096.88 | 4 673.72 | 2 202.72 | -1 408.93 | -57.39 |
Shareholders equity total | 5 167.39 | 5 841.11 | 7 043.83 | 5 634.90 | 5 577.51 |
Balance sheet total (assets) | 15 779.24 | 17 750.41 | 19 202.88 | 15 039.31 | 7 099.08 |
Net debt | 2 299.34 | 3 396.78 | 6 283.15 | 5 782.01 | -4 666.30 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.4 % | 37.1 % | 16.3 % | -8.8 % | 0.9 % |
ROE | 58.4 % | 84.9 % | 34.2 % | -22.2 % | -1.0 % |
ROI | 42.3 % | 68.7 % | 25.5 % | -12.0 % | 1.1 % |
Economic value added (EVA) | 2 618.98 | 4 376.65 | 1 844.83 | -1 865.20 | - 511.86 |
Solvency | |||||
Equity ratio | 32.7 % | 32.9 % | 36.7 % | 37.5 % | 78.6 % |
Gearing | 45.3 % | 58.8 % | 89.8 % | 103.3 % | 22.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.3 | 0.4 | 4.2 |
Current ratio | 1.6 | 1.5 | 1.6 | 1.6 | 4.2 |
Cash and cash equivalents | 39.70 | 40.00 | 40.00 | 40.00 | 5 931.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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