LATVIA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LATVIA HOLDING A/S
LATVIA HOLDING A/S (CVR number: 27550827) is a company from NORDFYNS. The company recorded a gross profit of 0 kDKK in 2024. The operating profit was -3670 kDKK, while net earnings were 77.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 157.4 %, which can be considered excellent and Return on Equity (ROE) was 159.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LATVIA HOLDING A/S's liquidity measured by quick ratio was 4615.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -10.88 | - 227.44 | - 579.88 | -30.13 | -3 669.96 |
Net earnings | - 307.27 | - 467.64 | - 834.76 | -7 037.83 | 77 590.60 |
Shareholders equity total | 2 856.55 | 2 388.91 | 1 554.15 | -5 483.69 | 72 106.91 |
Balance sheet total (assets) | 35 494.80 | 35 493.88 | 35 486.05 | 25 013.07 | 72 122.54 |
Net debt | 32 624.26 | 32 926.97 | 33 913.78 | 30 478.63 | |
Profitability | |||||
EBIT-% | |||||
ROA | -0.0 % | -0.6 % | -1.6 % | -20.6 % | 157.4 % |
ROE | -10.2 % | -17.8 % | -42.3 % | -53.0 % | 159.8 % |
ROI | -0.0 % | -0.6 % | -1.6 % | -20.6 % | 157.4 % |
Economic value added (EVA) | -1 792.06 | -1 975.14 | -2 305.06 | -1 805.76 | -3 861.67 |
Solvency | |||||
Equity ratio | 8.0 % | 6.7 % | 4.4 % | -18.0 % | 100.0 % |
Gearing | 1142.1 % | 1378.3 % | 2182.1 % | -555.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 0.0 | 4 615.8 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.0 | 4 615.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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