Ivar Lundgaards Vej 21, 7500 Holstebro ApS — Credit Rating and Financial Key Figures

CVR number: 42646628
Ivar Lundgaards Vej 21, 7500 Holstebro

Credit rating

Company information

Official name
Ivar Lundgaards Vej 21, 7500 Holstebro ApS
Established
2021
Company form
Private limited company
Industry

About Ivar Lundgaards Vej 21, 7500 Holstebro ApS

Ivar Lundgaards Vej 21, 7500 Holstebro ApS (CVR number: 42646628) is a company from HOLSTEBRO. The company recorded a gross profit of 751.1 kDKK in 2024. The operating profit was 539.3 kDKK, while net earnings were 15.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 9.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ivar Lundgaards Vej 21, 7500 Holstebro ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit505.46553.13751.07
EBIT146.81345.50539.34
Net earnings328.65- 124.1115.24
Shareholders equity total1 168.641 044.531 059.77
Balance sheet total (assets)12 199.8411 621.5011 495.85
Net debt8 494.978 390.308 142.01
Profitability
EBIT-%
ROA7.9 %2.9 %4.7 %
ROE28.1 %-11.2 %1.4 %
ROI9.0 %3.3 %5.4 %
Economic value added (EVA)113.29- 192.86-35.45
Solvency
Equity ratio9.6 %9.0 %9.2 %
Gearing806.2 %863.0 %816.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.01.0
Current ratio0.71.01.0
Cash and cash equivalents926.80623.97511.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.68%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.22%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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