L-ENGINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 35863397
Niels Jernes Vej 10, 9220 Aalborg Øst

Company information

Official name
L-ENGINEERING A/S
Personnel
20 persons
Established
2014
Company form
Limited company
Industry

About L-ENGINEERING A/S

L-ENGINEERING A/S (CVR number: 35863397) is a company from AALBORG. The company recorded a gross profit of 25.6 mDKK in 2023. The operating profit was 9821.1 kDKK, while net earnings were 7660 kDKK. The profitability of the company measured by Return on Assets (ROA) was 68.1 %, which can be considered excellent and Return on Equity (ROE) was 83.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. L-ENGINEERING A/S's liquidity measured by quick ratio was 2.4 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 profit14 926.9715 977.4918 541.1821 719.1625 643.09
EBIT4 679.855 442.786 680.157 702.059 821.11
Net earnings3 642.284 226.945 177.485 978.867 660.01
Shareholders equity total5 754.556 341.487 298.978 227.8310 217.83
Balance sheet total (assets)10 372.7110 622.1111 189.3312 783.2216 118.89
Net debt-6 895.19-6 796.47-6 576.66-5 112.20-8 727.80
Profitability
EBIT-%
ROA51.4 %51.8 %61.3 %64.3 %68.1 %
ROE69.7 %69.9 %75.9 %77.0 %83.1 %
ROI81.6 %81.6 %95.1 %96.9 %104.3 %
Economic value added (EVA)3 642.824 302.385 230.365 967.867 498.48
Solvency
Equity ratio55.5 %59.7 %65.2 %64.4 %63.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.82.52.72.22.4
Current ratio2.82.52.72.22.4
Cash and cash equivalents6 895.196 796.476 576.665 112.208 727.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:68.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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