Living Frames ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Living Frames ApS
Living Frames ApS (CVR number: 38961276) is a company from Høje-Taastrup. The company recorded a gross profit of -2.4 kDKK in 2024. The operating profit was -2.4 kDKK, while net earnings were -2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Living Frames ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -36.34 | -5.57 | -6.92 | -6.70 | -2.44 |
| EBIT | -36.34 | -5.57 | -6.92 | -6.70 | -2.44 |
| Net earnings | -30.31 | -4.38 | -6.92 | -6.70 | -2.47 |
| Shareholders equity total | 9.73 | 5.36 | -1.57 | -8.27 | -10.74 |
| Balance sheet total (assets) | 109.73 | 106.98 | 104.88 | 100.93 | 167.54 |
| Net debt | 92.12 | 97.78 | 102.05 | 108.64 | 163.45 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -29.1 % | -5.1 % | -6.5 % | -6.2 % | -1.7 % |
| ROE | -121.8 % | -58.0 % | -12.6 % | -6.5 % | -1.8 % |
| ROI | -29.1 % | -5.1 % | -6.5 % | -6.2 % | -1.8 % |
| Economic value added (EVA) | -37.27 | -9.86 | -12.30 | -11.97 | -7.51 |
| Solvency | |||||
| Equity ratio | 100.0 % | 98.5 % | 93.9 % | 90.9 % | -6.0 % |
| Gearing | 1027.4 % | 1897.1 % | -6788.8 % | -1319.8 % | -1546.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.1 | 1.0 | 0.9 | 0.6 |
| Current ratio | 1.1 | 1.1 | 1.0 | 0.9 | 0.9 |
| Cash and cash equivalents | 7.88 | 3.84 | 4.40 | 0.45 | 2.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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