L90 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About L90 A/S
L90 A/S (CVR number: 21716197) is a company from ESBJERG. The company recorded a gross profit of -238.4 kDKK in 2024. The operating profit was -625.5 kDKK, while net earnings were -465.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.1 %, which can be considered poor and Return on Equity (ROE) was -62.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.6 %, 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. L90 A/S'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 25 728.46 | 21 324.71 | 5 957.48 | 5 623.92 | - 238.38 |
EBIT | 16 205.51 | 14 219.92 | 2 144.15 | 2 785.05 | - 625.51 |
Net earnings | 12 602.19 | 11 378.07 | 1 775.60 | 2 208.52 | - 465.88 |
Shareholders equity total | 4 516.74 | 15 894.81 | 5 670.42 | 978.94 | 513.05 |
Balance sheet total (assets) | 46 718.76 | 25 618.82 | 7 304.15 | 2 620.31 | 782.20 |
Net debt | -31 668.42 | -2 566.68 | -1 041.81 | -1 257.57 | 63.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 63.2 % | 40.5 % | 14.0 % | 57.3 % | -35.1 % |
ROE | 339.2 % | 111.5 % | 16.5 % | 66.4 % | -62.5 % |
ROI | 376.2 % | 139.9 % | 21.0 % | 76.5 % | -50.8 % |
Economic value added (EVA) | 12 438.33 | 10 838.64 | 846.57 | 1 868.85 | - 568.82 |
Solvency | |||||
Equity ratio | 23.4 % | 72.9 % | 78.4 % | 37.4 % | 65.6 % |
Gearing | 0.5 % | 0.3 % | 0.3 % | 55.7 % | 35.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.8 | 2.2 | 1.4 | 3.4 |
Current ratio | 1.1 | 2.6 | 4.1 | 1.4 | 3.4 |
Cash and cash equivalents | 31 691.96 | 2 606.84 | 1 056.03 | 1 802.57 | 115.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BB |
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