LH Project ApS — Credit Rating and Financial Key Figures

CVR number: 38220969
Jelshøjvej 32, 6600 Vejen

Credit rating

Company information

Official name
LH Project ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About LH Project ApS

LH Project ApS (CVR number: 38220969) is a company from VEJEN. The company recorded a gross profit of 423.5 kDKK in 2024. The operating profit was 96.5 kDKK, while net earnings were 88.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LH Project ApS's liquidity measured by quick ratio was 60.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit479.69644.67649.86654.55423.52
EBIT152.89291.58322.70327.5396.50
Net earnings117.03225.00230.58270.8888.10
Shareholders equity total765.00990.001 120.581 291.461 279.57
Balance sheet total (assets)976.871 106.251 232.021 388.181 300.76
Net debt- 380.60- 524.31- 600.13- 839.62- 718.83
Profitability
EBIT-%
ROA17.6 %28.1 %27.6 %26.0 %8.8 %
ROE16.6 %25.6 %21.8 %22.5 %6.9 %
ROI21.5 %33.1 %30.3 %28.2 %9.2 %
Economic value added (EVA)95.82210.23225.79237.3153.99
Solvency
Equity ratio78.3 %89.5 %91.0 %93.0 %98.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.25.46.99.960.1
Current ratio2.25.46.99.960.1
Cash and cash equivalents380.60524.31600.13839.62718.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.83%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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