LO HOLDING AALBORG ApS — Credit Rating and Financial Key Figures

CVR number: 31055121
K.E. Færgemanns Vej 3, 9000 Aalborg

Credit rating

Company information

Official name
LO HOLDING AALBORG ApS
Established
2007
Company form
Private limited company
Industry

About LO HOLDING AALBORG ApS

LO HOLDING AALBORG ApS (CVR number: 31055121) is a company from AALBORG. The company recorded a gross profit of -25 kDKK in 2023. The operating profit was -25 kDKK, while net earnings were -689.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LO HOLDING AALBORG ApS's liquidity measured by quick ratio was 17.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.54-14.23-19.42-11.07-25.03
EBIT-12.54-14.23-19.42-11.07-25.03
Net earnings- 348.72960.52- 848.57- 383.98- 689.24
Shareholders equity total7 624.918 474.846 913.266 414.895 607.85
Balance sheet total (assets)8 122.108 966.667 219.946 846.085 942.73
Net debt-5 775.22-6 828.97-5 214.13-4 767.66-5 529.24
Profitability
EBIT-%
ROA-1.3 %3.9 %3.4 %-2.4 %3.5 %
ROE-4.4 %11.9 %-11.0 %-5.8 %-11.5 %
ROI-1.3 %3.9 %3.5 %-2.4 %-7.8 %
Economic value added (EVA)25.584.164.42-40.01-29.34
Solvency
Equity ratio93.9 %94.5 %95.8 %93.7 %94.4 %
Gearing6.3 %4.1 %4.2 %6.5 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio13.014.819.013.717.7
Current ratio13.014.819.013.717.7
Cash and cash equivalents6 258.577 178.625 506.975 185.015 810.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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