LiteNordic ApS — Credit Rating and Financial Key Figures

CVR number: 39681668
Sindalsvej 47, 8240 Risskov

Credit rating

Company information

Official name
LiteNordic ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About LiteNordic ApS

LiteNordic ApS (CVR number: 39681668) is a company from AARHUS. The company recorded a gross profit of 3195.3 kDKK in 2024. The operating profit was 1441.3 kDKK, while net earnings were 1119.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. LiteNordic ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 027.283 462.494 080.454 182.243 195.25
EBIT513.541 335.722 216.532 302.741 441.32
Net earnings364.511 074.051 715.261 746.371 119.94
Shareholders equity total322.621 396.673 111.934 858.315 978.25
Balance sheet total (assets)4 539.926 786.026 823.897 188.9310 101.50
Net debt2 436.181 429.86-1 671.17- 179.65435.46
Profitability
EBIT-%
ROA12.7 %24.5 %32.7 %33.0 %16.8 %
ROE18.6 %124.9 %76.1 %43.8 %20.7 %
ROI18.0 %39.0 %61.3 %53.9 %22.8 %
Economic value added (EVA)266.86885.441 524.281 601.13844.41
Solvency
Equity ratio7.1 %20.9 %47.2 %71.6 %59.8 %
Gearing856.8 %179.2 %3.6 %10.2 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.32.03.72.5
Current ratio1.11.31.83.12.4
Cash and cash equivalents327.931 073.311 782.38672.81962.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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