LUND'S ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LUND'S ApS
LUND'S ApS (CVR number: 32354386) is a company from SORØ. The company recorded a gross profit of 8.4 kDKK in 2023. The operating profit was -34.2 kDKK, while net earnings were -35.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.5 %, which can be considered poor and Return on Equity (ROE) was -14.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. LUND'S ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 724.64 | 3 908.10 | |||
Gross profit | 1 828.60 | 1 370.68 | 343.38 | 38.63 | 8.44 |
EBIT | 102.55 | - 381.98 | -33.86 | 36.33 | -34.20 |
Net earnings | 7.07 | 264.39 | -43.89 | 33.60 | -35.37 |
Shareholders equity total | 283.45 | 437.24 | 280.35 | 256.75 | 221.38 |
Balance sheet total (assets) | 950.80 | 1 250.15 | 577.67 | 469.15 | 315.36 |
Net debt | - 225.08 | -1 234.84 | - 384.30 | - 322.00 | - 218.27 |
Profitability | |||||
EBIT-% | 2.2 % | -9.8 % | |||
ROA | 12.0 % | 38.0 % | -3.7 % | 6.9 % | -8.5 % |
ROE | 2.5 % | 73.4 % | -12.2 % | 12.5 % | -14.8 % |
ROI | 25.2 % | 95.6 % | -9.4 % | 13.5 % | -14.0 % |
Economic value added (EVA) | 80.03 | - 293.22 | 6.22 | 41.55 | -30.92 |
Solvency | |||||
Equity ratio | 29.8 % | 35.0 % | 48.5 % | 54.7 % | 70.2 % |
Gearing | 54.2 % | ||||
Relative net indebtedness % | 6.1 % | -10.8 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 1.5 | 1.9 | 2.2 | 3.4 |
Current ratio | 1.2 | 1.5 | 1.9 | 2.2 | 3.4 |
Cash and cash equivalents | 378.70 | 1 234.84 | 384.30 | 322.00 | 218.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 7.4 | ||||
Net working capital % | 3.3 % | 11.1 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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