INSTITUTTET FOR LÆSETEKNIK A/S — Credit Rating and Financial Key Figures

CVR number: 12824874
Kongshvilebakken 46, 2800 Kgs.Lyngby
tel: 45423259
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Credit rating

Company information

Official name
INSTITUTTET FOR LÆSETEKNIK A/S
Personnel
1 person
Established
1989
Company form
Limited company
Industry

About INSTITUTTET FOR LÆSETEKNIK A/S

INSTITUTTET FOR LÆSETEKNIK A/S (CVR number: 12824874) is a company from GLADSAXE. The company recorded a gross profit of -107.1 kDKK in 2024. The operating profit was -158.4 kDKK, while net earnings were -17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.2 %, 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. INSTITUTTET FOR LÆSETEKNIK 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-49.59-55.29-60.55-61.01- 107.06
EBIT-85.59-91.29-96.55- 102.06- 158.40
Net earnings446.72-82.94- 289.53168.55-17.79
Shareholders equity total4 470.494 187.553 698.033 666.573 414.76
Balance sheet total (assets)5 066.344 774.344 200.944 385.474 310.90
Net debt-4 481.58-4 159.86-3 642.07-3 423.28-3 296.84
Profitability
EBIT-%
ROA10.5 %1.7 %1.2 %6.0 %1.7 %
ROE10.3 %-1.9 %-7.3 %4.6 %-0.5 %
ROI10.5 %1.7 %1.2 %6.0 %1.7 %
Economic value added (EVA)- 322.48- 345.12- 335.77- 312.46- 374.86
Solvency
Equity ratio88.2 %87.7 %88.0 %83.6 %79.2 %
Gearing13.0 %13.7 %13.2 %18.6 %25.8 %
Relative net indebtedness %
Liquidity
Quick ratio8.58.18.46.04.7
Current ratio8.58.18.46.04.7
Cash and cash equivalents5 062.454 732.914 131.264 106.104 178.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.74%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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