LP KOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LP KOLDING A/S
LP KOLDING A/S (CVR number: 18652471) is a company from KOLDING. The company recorded a gross profit of 2916.8 kDKK in 2023. The operating profit was -2700.9 kDKK, while net earnings were -2202.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -22.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LP KOLDING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 244.02 | 6 429.61 | 4 607.61 | 10 711.66 | 2 916.76 |
EBIT | 2 239.98 | 2 026.20 | 584.57 | 5 514.05 | -2 700.95 |
Net earnings | 1 662.72 | 1 527.21 | 366.33 | 4 201.36 | -2 202.17 |
Shareholders equity total | 5 708.05 | 6 935.26 | 7 101.59 | 11 302.95 | 8 600.77 |
Balance sheet total (assets) | 20 412.74 | 18 648.80 | 20 093.81 | 26 243.47 | 29 150.33 |
Net debt | 65.78 | - 438.12 | -4 822.53 | 2 309.77 | 5 150.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.2 % | 10.5 % | 3.0 % | 23.8 % | -9.7 % |
ROE | 32.1 % | 24.2 % | 5.2 % | 45.7 % | -22.1 % |
ROI | 29.1 % | 22.9 % | 6.2 % | 44.2 % | -17.6 % |
Economic value added (EVA) | 1 494.94 | 1 349.41 | 129.27 | 4 167.10 | -2 660.09 |
Solvency | |||||
Equity ratio | 28.0 % | 37.2 % | 35.3 % | 43.1 % | 29.5 % |
Gearing | 25.4 % | 0.5 % | 1.0 % | 20.8 % | 65.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.6 | 1.6 | 1.8 | 1.3 |
Current ratio | 1.4 | 1.7 | 1.7 | 1.9 | 1.4 |
Cash and cash equivalents | 1 384.52 | 476.02 | 4 897.00 | 36.97 | 441.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | BBB |
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