LK Holding Nord ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LK Holding Nord ApS
LK Holding Nord ApS (CVR number: 39479214) is a company from HJØRRING. The company recorded a gross profit of 3584.7 kDKK in 2023. The operating profit was 65.2 kDKK, while net earnings were -1047.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -7.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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. LK Holding Nord ApS's liquidity measured by quick ratio was 1.9 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 | 706.82 | ||||
Gross profit | 694.32 | 55.93 | 215.44 | 217.92 | 3 584.75 |
EBIT | 694.32 | 40.81 | 184.67 | 181.11 | 65.18 |
Net earnings | 701.82 | 3 001.86 | 2 765.18 | -87.17 | -1 047.40 |
Shareholders equity total | 700.95 | 3 702.81 | 12 417.02 | 14 154.63 | 13 107.23 |
Balance sheet total (assets) | 1 756.91 | 7 870.13 | 19 928.39 | 22 723.48 | 19 961.92 |
Net debt | 1 032.97 | 3 716.56 | 4 074.43 | 5 900.36 | 4 657.07 |
Profitability | |||||
EBIT-% | 98.2 % | ||||
ROA | 53.3 % | 64.3 % | 21.5 % | 1.0 % | -3.6 % |
ROE | 81.2 % | 136.3 % | 34.3 % | -0.7 % | -7.7 % |
ROI | 53.5 % | 64.8 % | 24.5 % | 1.2 % | -4.0 % |
Economic value added (EVA) | 696.57 | 76.02 | - 119.61 | -83.11 | - 127.88 |
Solvency | |||||
Equity ratio | 39.9 % | 47.0 % | 62.3 % | 62.3 % | 65.7 % |
Gearing | 149.9 % | 110.8 % | 33.2 % | 42.0 % | 35.7 % |
Relative net indebtedness % | 146.9 % | ||||
Liquidity | |||||
Quick ratio | 0.1 | 2.2 | 1.5 | 1.2 | 1.9 |
Current ratio | 0.1 | 2.2 | 1.5 | 1.4 | 1.9 |
Cash and cash equivalents | 17.98 | 385.77 | 44.18 | 41.99 | 28.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -138.1 % | ||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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