David Lorentzen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About David Lorentzen ApS
David Lorentzen ApS (CVR number: 39495376) is a company from NORDFYNS. The company recorded a gross profit of 105.9 kDKK in 2024. The operating profit was 1.7 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. David Lorentzen ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 388.64 | 132.15 | 329.82 | 169.02 | 105.93 |
EBIT | 6.61 | -87.83 | 93.52 | -23.37 | 1.72 |
Net earnings | 4.43 | -88.08 | 87.88 | -24.82 | -3.05 |
Shareholders equity total | 67.28 | -20.79 | 67.09 | 42.27 | 39.22 |
Balance sheet total (assets) | 226.60 | 119.55 | 101.30 | 120.52 | 77.37 |
Net debt | - 188.95 | - 104.38 | -49.22 | 9.73 | -1.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | -47.9 % | 77.4 % | -21.1 % | 1.7 % |
ROE | 5.7 % | -94.3 % | 94.2 % | -45.4 % | -7.5 % |
ROI | 8.5 % | -261.1 % | 268.8 % | -28.4 % | 2.4 % |
Economic value added (EVA) | 0.03 | -91.21 | 89.05 | -28.32 | -3.04 |
Solvency | |||||
Equity ratio | 29.7 % | -14.8 % | 66.2 % | 35.1 % | 50.7 % |
Gearing | 3.7 % | 124.3 % | 25.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 0.8 | 2.9 | 1.5 | 2.0 |
Current ratio | 1.4 | 0.8 | 2.9 | 1.5 | 2.0 |
Cash and cash equivalents | 188.95 | 104.38 | 51.73 | 42.83 | 11.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | BB |
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