SØREN LUNDGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10118255
Jellingvej 32, 7182 Bredsten

Company information

Official name
SØREN LUNDGAARD HOLDING ApS
Established
2003
Company form
Private limited company
Industry

About SØREN LUNDGAARD HOLDING ApS

SØREN LUNDGAARD HOLDING ApS (CVR number: 10118255) is a company from VEJLE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 39.4 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 0.9 mDKK), while net earnings were 1178.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.7 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN LUNDGAARD HOLDING ApS's liquidity measured by quick ratio was 62.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales827.59605.43600.39678.35945.82
Gross profit818.23597.12576.19662.49929.35
EBIT818.23597.12576.19662.49929.35
Net earnings1 088.31779.37693.40303.091 178.84
Shareholders equity total3 484.984 153.744 607.424 310.514 889.35
Balance sheet total (assets)3 512.354 240.444 705.434 315.524 934.32
Net debt-1 726.51-2 307.97-2 728.92-2 248.00-2 600.74
Profitability
EBIT-%98.9 %98.6 %96.0 %97.7 %98.3 %
ROA35.9 %24.2 %24.0 %19.1 %30.7 %
ROE33.6 %20.4 %15.8 %6.8 %25.6 %
ROI36.1 %24.5 %24.5 %19.3 %30.9 %
Economic value added (EVA)803.95617.94609.09536.81934.63
Solvency
Equity ratio99.2 %98.0 %97.9 %99.9 %99.1 %
Gearing0.1 %
Relative net indebtedness %-205.9 %-366.9 %-438.2 %-330.7 %-270.2 %
Liquidity
Quick ratio72.931.030.5522.062.3
Current ratio72.931.030.5522.062.3
Cash and cash equivalents1 731.002 307.972 728.922 248.002 600.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %32.7 %62.0 %30.0 %71.3 %52.8 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:30.7%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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