LG FORVALTNING ApS — Credit Rating and Financial Key Figures

CVR number: 33494262
Engdalsvej 96 B, 8220 Brabrand

Company information

Official name
LG FORVALTNING ApS
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-86.441 221.52-1 022.19485.79578.15
Shareholders equity total7 699.488 920.997 898.808 270.208 730.54
Balance sheet total (assets)11 196.8612 022.9810 834.9411 445.2011 082.62
Net debt-10 676.25-11 060.15-9 630.22-10 249.45-9 800.24
Profitability
EBIT-%
ROA5.2 %16.3 %2.9 %7.9 %8.9 %
ROE-1.1 %14.7 %-12.2 %6.0 %6.8 %
ROI7.3 %22.7 %3.9 %10.9 %11.8 %
Economic value added (EVA)-20.45-22.78-98.39- 123.45-84.25
Solvency
Equity ratio68.8 %74.2 %72.9 %72.3 %78.8 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.13.63.43.34.3
Current ratio3.13.63.43.34.3
Cash and cash equivalents10 676.2511 060.159 639.0610 249.459 806.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:8.93%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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