LED iBond International A/S — Credit Rating and Financial Key Figures

CVR number: 36041609
Ryttermarken 10 A, 3520 Farum

Company information

Official name
LED iBond International A/S
Personnel
1 person
Established
2014
Company form
Limited company
Industry

About LED iBond International A/S

LED iBond International A/S (CVR number: 36041609K) is a company from FURESØ. The company reported a net sales of 7.2 mDKK in 2024, demonstrating a growth of 179.1 % compared to the previous year. The operating profit percentage was poor at -208 % (EBIT: -15.1 mDKK), while net earnings were -13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -42.3 %, which can be considered poor and Return on Equity (ROE) was -63.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LED iBond International A/S'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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales7 362.005 380.003 958.002 597.007 249.00
Gross profit7 362.005 380.00-2 469.00-1 619.00- 243.00
EBIT7 362.005 380.00-31 527.00-18 171.00-15 081.00
Net earnings-17 430.00-21 066.00-47 280.00-21 861.00-13 879.00
Shareholders equity total43 486.0071 090.0030 990.0013 361.00- 524.00
Balance sheet total (assets)67 742.0094 927.0047 336.0033 945.0030 229.00
Net debt-3 476.001 063.008 268.00
Profitability
EBIT-%100.0 %100.0 %-796.5 %-699.7 %-208.0 %
ROA10.9 %6.6 %-43.7 %-50.8 %-42.3 %
ROE-40.1 %-36.8 %-92.6 %-98.6 %-63.7 %
ROI10.9 %6.6 %-47.2 %-74.3 %-81.5 %
Economic value added (EVA)7 362.003 194.83-48 118.93-17 708.03-14 673.11
Solvency
Equity ratio100.0 %100.0 %77.2 %39.4 %-1.7 %
Gearing17.9 %42.0 %-2782.8 %
Relative net indebtedness %184.5 %617.2 %337.1 %
Liquidity
Quick ratio1.40.70.3
Current ratio1.70.90.5
Cash and cash equivalents9 025.004 555.006 314.00
Capital use efficiency
Trade debtors turnover (days)103.237.937.7
Net working capital %177.4 %-45.7 %-164.1 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-42.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.70%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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