LV 2013 ApS — Credit Rating and Financial Key Figures

CVR number: 35471200
Gl. Landevej 3, 7400 Herning
offpost@kpri.dk

Company information

Official name
LV 2013 ApS
Established
2013
Company form
Private limited company
Industry

About LV 2013 ApS

LV 2013 ApS (CVR number: 35471200) is a company from HERNING. The company recorded a gross profit of 5539.9 kDKK in 2024. The operating profit was 3678.9 kDKK, while net earnings were 986.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 18 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LV 2013 ApS's liquidity measured by quick ratio was 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 profit5 714.235 606.025 635.735 491.355 539.95
EBIT3 853.213 745.003 774.703 630.323 678.93
Net earnings596.32546.32744.31812.18986.80
Shareholders equity total8 196.418 742.739 487.0410 299.2211 286.03
Balance sheet total (assets)68 591.7667 624.9067 562.7763 771.8462 786.99
Net debt49 702.4545 892.9039 980.0042 280.4540 988.26
Profitability
EBIT-%
ROA5.7 %5.5 %5.7 %5.7 %6.0 %
ROE7.5 %6.5 %8.2 %8.2 %9.1 %
ROI6.0 %5.8 %6.1 %6.2 %6.5 %
Economic value added (EVA)- 369.14- 359.99- 308.23- 258.47- 133.86
Solvency
Equity ratio11.9 %12.9 %14.0 %16.2 %18.0 %
Gearing648.5 %593.4 %503.7 %438.3 %376.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.31.41.82.0
Current ratio1.31.31.41.82.0
Cash and cash equivalents3 447.555 989.897 810.002 860.801 504.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.03%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.0%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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