L. ABRAHAMSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28112424
Mellemdammen 16 B, 6760 Ribe
lasse.abrahamsen@gmail.com

Company information

Official name
L. ABRAHAMSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About L. ABRAHAMSEN HOLDING ApS

L. ABRAHAMSEN HOLDING ApS (CVR number: 28112424) is a company from ESBJERG. The company recorded a gross profit of 1202.3 kDKK in 2023. The operating profit was 966.6 kDKK, while net earnings were 1143.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. L. ABRAHAMSEN HOLDING ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit628.21501.20933.701 478.421 202.25
EBIT510.80382.31766.031 242.78966.61
Net earnings948.372 874.372 921.445 970.791 143.34
Shareholders equity total6 517.078 791.4411 656.3817 277.1717 861.61
Balance sheet total (assets)12 132.1514 989.8427 060.8732 275.6427 640.75
Net debt4 480.845 358.6413 795.5313 221.908 005.23
Profitability
EBIT-%
ROA9.1 %22.3 %15.2 %23.7 %6.4 %
ROE15.1 %37.6 %28.6 %41.3 %6.5 %
ROI9.4 %22.9 %15.8 %24.6 %6.6 %
Economic value added (EVA)273.60161.85631.15658.65- 446.45
Solvency
Equity ratio53.7 %58.6 %43.1 %53.5 %64.6 %
Gearing77.3 %63.8 %120.7 %78.5 %47.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.30.30.40.2
Current ratio0.60.30.30.40.2
Cash and cash equivalents553.71247.81273.32349.24479.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.39%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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