Liins Boligselskab ApS — Credit Rating and Financial Key Figures

CVR number: 42865427
Krattet 11, 7442 Engesvang

Credit rating

Company information

Official name
Liins Boligselskab ApS
Established
2021
Company form
Private limited company
Industry

About Liins Boligselskab ApS

Liins Boligselskab ApS (CVR number: 42865427) is a company from IKAST-BRANDE. The company recorded a gross profit of 105.3 kDKK in 2023. The operating profit was 74.4 kDKK, while net earnings were 33 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 16.1 %, 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. Liins Boligselskab ApS's liquidity measured by quick ratio was 0 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
2021
2022
2023
Volume
Net sales
Gross profit37.42163.63105.35
EBIT21.94132.6874.39
Net earnings4.4082.7432.96
Shareholders equity total346.30408.04403.10
Balance sheet total (assets)2 630.662 638.942 508.95
Net debt1 895.261 856.561 823.24
Profitability
EBIT-%
ROA0.8 %5.0 %2.9 %
ROE1.3 %21.9 %8.1 %
ROI0.9 %5.5 %3.1 %
Economic value added (EVA)12.44-5.53-50.95
Solvency
Equity ratio13.2 %15.5 %16.1 %
Gearing568.1 %482.3 %455.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.0
Current ratio0.20.40.0
Cash and cash equivalents72.24111.2412.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:2.89%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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