Tvedvej Lemvig A/S — Credit Rating and Financial Key Figures

CVR number: 16586684
Tvedvej 3, Nørre Nissum 7620 Lemvig
tel: 97891179

Credit rating

Company information

Official name
Tvedvej Lemvig A/S
Personnel
1 person
Established
1992
Domicile
Nørre Nissum
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 570.9916 363.9513 504.356 384.103 202.37
EBIT4 102.986 216.413 005.99-1 505.0589.92
Net earnings3 096.884 673.722 202.72-1 408.93-57.39
Shareholders equity total5 167.395 841.117 043.835 634.905 577.51
Balance sheet total (assets)15 779.2417 750.4119 202.8815 039.317 099.08
Net debt2 299.343 396.786 283.155 782.01-4 666.30
Profitability
EBIT-%
ROA25.4 %37.1 %16.3 %-8.8 %0.9 %
ROE58.4 %84.9 %34.2 %-22.2 %-1.0 %
ROI42.3 %68.7 %25.5 %-12.0 %1.1 %
Economic value added (EVA)2 618.984 376.651 844.83-1 865.20- 511.86
Solvency
Equity ratio32.7 %32.9 %36.7 %37.5 %78.6 %
Gearing45.3 %58.8 %89.8 %103.3 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.30.44.2
Current ratio1.61.51.61.64.2
Cash and cash equivalents39.7040.0040.0040.005 931.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.92%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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