Luxury Goods Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Luxury Goods Denmark A/S
Luxury Goods Denmark A/S (CVR number: 42605557) is a company from KØBENHAVN. The company reported a net sales of 101.6 mDKK in 2024, demonstrating a decline of -5.6 % compared to the previous year. The operating profit percentage was at 8.9 % (EBIT: 9 mDKK), while net earnings were 7520 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.2 %, which can be considered good and Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Luxury Goods Denmark A/S's liquidity measured by quick ratio was 4.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 116.27 | 107.68 | 101.61 |
Gross profit | 28.40 | 29.68 | 28.74 |
EBIT | 11.19 | 10.89 | 9.03 |
Net earnings | 8.62 | 8.75 | 7.52 |
Shareholders equity total | 43.09 | 51.84 | 59.36 |
Balance sheet total (assets) | 55.82 | 70.52 | 73.26 |
Net debt | -9.00 | -29.71 | -36.46 |
Profitability | |||
EBIT-% | 9.6 % | 10.1 % | 8.9 % |
ROA | 20.1 % | 18.0 % | 14.2 % |
ROE | 20.0 % | 18.4 % | 13.5 % |
ROI | 21.3 % | 20.4 % | 16.4 % |
Economic value added (EVA) | 8.66 | 5.79 | 3.81 |
Solvency | |||
Equity ratio | 77.5 % | 74.3 % | 81.8 % |
Gearing | 21.9 % | 13.7 % | 8.9 % |
Relative net indebtedness % | -4.9 % | -16.8 % | -28.4 % |
Liquidity | |||
Quick ratio | 2.4 | 2.6 | 4.1 |
Current ratio | 3.5 | 3.3 | 5.1 |
Cash and cash equivalents | 18.42 | 36.79 | 41.72 |
Capital use efficiency | |||
Trade debtors turnover (days) | 0.7 | 5.0 | |
Net working capital % | 27.5 % | 39.3 % | 52.0 % |
Credit risk | |||
Credit rating | A | AA | AA |
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