K/S Læderstræde 11 — Credit Rating and Financial Key Figures

CVR number: 40696873
Niels Hemmingsens Gade 4, 1153 København K

Credit rating

Company information

Official name
K/S Læderstræde 11
Established
2019
Company form
Limited partnership
Industry

About K/S Læderstræde 11

K/S Læderstræde 11 (CVR number: 40696873) is a company from KØBENHAVN. The company recorded a gross profit of 3866.4 kDKK in 2023. The operating profit was -4814.8 kDKK, while net earnings were -6946.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.3 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K/S Læderstræde 11's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales1 747.19
Gross profit1 054.131 510.223 143.593 866.36
EBIT7 580.8916 337.0718 004.09-4 814.80
Net earnings7 134.3415 653.2116 945.28-6 946.05
Shareholders equity total37 689.1558 787.5569 832.8355 386.78
Balance sheet total (assets)82 494.38106 954.07115 891.62106 943.62
Net debt43 331.1946 082.4142 904.7849 553.59
Profitability
EBIT-%433.9 %
ROA9.2 %17.2 %16.2 %-4.3 %
ROE18.9 %32.4 %26.3 %-11.1 %
ROI9.3 %17.5 %16.4 %-4.4 %
Economic value added (EVA)7 580.8912 240.9512 721.70-10 545.57
Solvency
Equity ratio45.7 %55.0 %60.3 %51.8 %
Gearing116.3 %78.8 %63.3 %89.7 %
Relative net indebtedness %2536.1 %
Liquidity
Quick ratio0.00.00.60.0
Current ratio0.00.00.60.0
Cash and cash equivalents494.38252.191 307.48113.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-753.3 %
Credit risk
Credit ratingAAABBB

Variable visualization

ROA:-4.32%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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