EDC Lykke & Hardahl ApS — Credit Rating and Financial Key Figures

CVR number: 20193689
Bredgade 107, 9700 Brønderslev
mll.970@edc.dk
tel: 98824066

Credit rating

Company information

Official name
EDC Lykke & Hardahl ApS
Personnel
6 persons
Established
1997
Company form
Private limited company
Industry

About EDC Lykke & Hardahl ApS

EDC Lykke & Hardahl ApS (CVR number: 20193689) is a company from Brønderslev. The company recorded a gross profit of 3167.2 kDKK in 2023. The operating profit was 1204 kDKK, while net earnings were 928.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 55.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. EDC Lykke & Hardahl ApS's liquidity measured by quick ratio was 2.2 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 228.562 911.714 304.733 726.993 167.17
EBIT1 833.71990.822 117.131 499.041 204.04
Net earnings1 424.60751.171 617.501 136.35928.51
Shareholders equity total2 778.882 530.051 817.501 453.851 882.36
Balance sheet total (assets)3 892.794 933.413 644.342 713.353 277.77
Net debt-2 126.83-2 616.69-1 217.31- 501.42- 969.29
Profitability
EBIT-%
ROA47.0 %22.5 %49.4 %47.2 %41.3 %
ROE62.9 %28.3 %74.4 %69.5 %55.7 %
ROI57.4 %28.2 %67.6 %65.9 %56.4 %
Economic value added (EVA)1 463.71757.611 713.471 165.35922.15
Solvency
Equity ratio71.4 %51.3 %49.9 %53.6 %57.4 %
Gearing14.4 %48.3 %33.7 %45.7 %20.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.11.92.02.2
Current ratio3.62.11.92.02.2
Cash and cash equivalents2 526.833 837.741 829.601 166.171 352.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:41.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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