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

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

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 -61 kDKK in 2023. The operating profit was -102.1 kDKK, while net earnings were 168.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. INSTITUTTET FOR LÆSETEKNIK A/S's liquidity measured by quick ratio was 6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-55.88-49.59-55.29-60.55-61.01
EBIT-91.88-85.59-91.29-96.55- 102.06
Net earnings- 292.30446.72-82.94- 289.53168.55
Shareholders equity total4 223.784 470.494 187.553 698.033 666.57
Balance sheet total (assets)4 807.195 066.344 774.344 200.944 385.47
Net debt-4 193.78-4 481.58-4 159.86-3 642.07-3 423.28
Profitability
EBIT-%
ROA0.9 %10.5 %1.7 %1.2 %6.0 %
ROE-6.5 %10.3 %-1.9 %-7.3 %4.6 %
ROI1.0 %10.5 %1.7 %1.2 %6.0 %
Economic value added (EVA)-57.74-54.49-61.54-69.14-80.29
Solvency
Equity ratio87.9 %88.2 %87.7 %88.0 %83.6 %
Gearing13.5 %13.0 %13.7 %13.2 %18.6 %
Relative net indebtedness %
Liquidity
Quick ratio8.28.58.18.46.0
Current ratio8.28.58.18.46.0
Cash and cash equivalents4 763.465 062.454 732.914 131.264 106.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.6%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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