LG FORVALTNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LG FORVALTNING ApS
LG FORVALTNING ApS (CVR number: 33494262) is a company from AARHUS. The company recorded a gross profit of -217.5 kDKK in 2023. The operating profit was -236 kDKK, while net earnings were 578.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.8 %, 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. LG FORVALTNING ApS's liquidity measured by quick ratio was 4.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 167.49 | - 163.68 | - 207.06 | - 216.60 | - 217.52 |
EBIT | - 210.46 | - 220.98 | - 264.36 | - 273.90 | - 236.02 |
Net earnings | -86.44 | 1 221.52 | -1 022.19 | 485.79 | 578.15 |
Shareholders equity total | 7 699.48 | 8 920.99 | 7 898.80 | 8 270.20 | 8 730.54 |
Balance sheet total (assets) | 11 196.86 | 12 022.98 | 10 834.94 | 11 445.20 | 11 082.62 |
Net debt | -10 676.25 | -11 060.15 | -9 630.22 | -10 249.45 | -9 800.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.2 % | 16.3 % | 2.9 % | 7.9 % | 8.9 % |
ROE | -1.1 % | 14.7 % | -12.2 % | 6.0 % | 6.8 % |
ROI | 7.3 % | 22.7 % | 3.9 % | 10.9 % | 11.8 % |
Economic value added (EVA) | -20.45 | -22.78 | -98.39 | - 123.45 | -84.25 |
Solvency | |||||
Equity ratio | 68.8 % | 74.2 % | 72.9 % | 72.3 % | 78.8 % |
Gearing | 0.1 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.1 | 3.6 | 3.4 | 3.3 | 4.3 |
Current ratio | 3.1 | 3.6 | 3.4 | 3.3 | 4.3 |
Cash and cash equivalents | 10 676.25 | 11 060.15 | 9 639.06 | 10 249.45 | 9 806.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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