La Finesse DK ApS — Credit Rating and Financial Key Figures

CVR number: 26843634
La Cours Vej 6, 7430 Ikast
cmo@dkcompany.com
tel: 96600700

Credit rating

Company information

Official name
La Finesse DK ApS
Personnel
5 persons
Established
2002
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About La Finesse DK ApS

La Finesse DK ApS (CVR number: 26843634) is a company from IKAST-BRANDE. The company recorded a gross profit of 1504.3 kDKK in 2023. The operating profit was 257.6 kDKK, while net earnings were 79.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 42.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. La Finesse DK ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-32.97-19.78-13.57-13.501 504.33
EBIT- 515.64-82.77-13.57-13.50257.63
Net earnings- 651.59- 330.0514.91-8.3479.68
Shareholders equity total471.25141.20156.11147.78227.45
Balance sheet total (assets)1 789.30156.20171.11162.783 624.00
Net debt1 275.30-11.30-16.30-2.712 448.42
Profitability
EBIT-%
ROA-29.9 %-31.9 %7.4 %-6.7 %14.5 %
ROE-81.8 %-107.8 %10.0 %-5.5 %42.5 %
ROI-30.1 %-32.4 %8.1 %-7.4 %16.3 %
Economic value added (EVA)- 532.19-79.71-11.34-10.49201.16
Solvency
Equity ratio26.3 %90.4 %91.2 %90.8 %6.3 %
Gearing276.5 %1320.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.02.72.01.30.3
Current ratio0.02.72.01.31.1
Cash and cash equivalents27.6711.3016.302.71554.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.28%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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