LARS LUNDBERG ApS — Credit Rating and Financial Key Figures

CVR number: 15201703
Rypebakken 54, Snestrup 5210 Odense NV
tel: 66131714

Credit rating

Company information

Official name
LARS LUNDBERG ApS
Personnel
1 person
Established
1991
Domicile
Snestrup
Company form
Private limited company
Industry

About LARS LUNDBERG ApS

LARS LUNDBERG ApS (CVR number: 15201703) is a company from ODENSE. The company recorded a gross profit of -236.7 kDKK in 2023. The operating profit was -528.4 kDKK, while net earnings were -158.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LARS LUNDBERG ApS's liquidity measured by quick ratio was 14.8 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 profit3 184.983 979.803 310.9887.29- 236.70
EBIT248.06546.352 515.54-14.45- 528.37
Net earnings144.98368.752 240.60-7.08- 158.61
Shareholders equity total5 076.845 300.617 172.464 924.7811 275.72
Balance sheet total (assets)6 799.126 836.047 824.407 682.4411 418.77
Net debt51.74- 491.46- 772.79594.31-1 895.76
Profitability
EBIT-%
ROA3.8 %8.4 %35.4 %0.7 %-2.1 %
ROE2.8 %7.1 %35.9 %-0.1 %-2.0 %
ROI4.5 %9.7 %39.4 %0.7 %-2.1 %
Economic value added (EVA)-96.65121.741 953.82- 331.84- 646.36
Solvency
Equity ratio74.7 %77.5 %91.7 %64.1 %98.7 %
Gearing14.8 %13.2 %46.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.14.50.714.8
Current ratio2.03.14.50.714.8
Cash and cash equivalents701.461 191.23772.791 679.171 895.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAABBB

Variable visualization

ROA:-2.08%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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