L-Net A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About L-Net A/S
L-Net A/S (CVR number: 10076951) is a company from HOLSTEBRO. The company reported a net sales of 48.6 mDKK in 2023, demonstrating a growth of 20.7 % compared to the previous year. The operating profit percentage was at 29 % (EBIT: 14.1 mDKK), while net earnings were 17.9 mDKK. 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 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 76.4 %, 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-Net A/S's liquidity measured by quick ratio was 4.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 36.28 | 41.76 | 31.87 | 40.27 | 48.60 |
Gross profit | 16.66 | 16.82 | 8.69 | 13.24 | 22.19 |
EBIT | 5.28 | 6.14 | 2.24 | 5.92 | 14.10 |
Net earnings | 6.46 | 7.23 | 3.87 | 0.89 | 17.95 |
Shareholders equity total | 250.74 | 257.98 | 261.85 | 262.74 | 280.69 |
Balance sheet total (assets) | 328.80 | 328.79 | 335.20 | 335.61 | 367.29 |
Net debt | -90.26 | - 121.01 | |||
Profitability | |||||
EBIT-% | 14.6 % | 14.7 % | 7.0 % | 14.7 % | 29.0 % |
ROA | 1.7 % | 1.9 % | 0.7 % | 2.4 % | 6.4 % |
ROE | 2.6 % | 2.8 % | 1.5 % | 0.3 % | 6.6 % |
ROI | 1.8 % | 1.9 % | 0.7 % | 2.6 % | 7.9 % |
Economic value added (EVA) | -2.92 | -6.46 | -10.72 | -8.55 | 6.54 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 78.3 % | 76.4 % |
Gearing | 2.8 % | 1.7 % | |||
Relative net indebtedness % | -83.6 % | -92.1 % | |||
Liquidity | |||||
Quick ratio | 4.1 | 4.7 | |||
Current ratio | 4.1 | 4.7 | |||
Cash and cash equivalents | 97.58 | 125.76 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.2 | 60.9 | |||
Net working capital % | 26.4 % | 67.5 % | |||
Credit risk | |||||
Credit rating | A | A | A | AAA | AAA |
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