ARMEDON GLORY - EVIGHEDENS LYS ApS — Credit Rating and Financial Key Figures

CVR number: 31761050
Lyngbygårdsvej 96, 2800 Kgs. Lyngby
mariannepedersen@armedon.com
tel: 21404773
www.armedon.com
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Company information

Official name
ARMEDON GLORY - EVIGHEDENS LYS ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About ARMEDON GLORY - EVIGHEDENS LYS ApS

ARMEDON GLORY - EVIGHEDENS LYS ApS (CVR number: 31761050) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -10.6 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0 mDKK), while net earnings were -0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ARMEDON GLORY - EVIGHEDENS LYS ApS's liquidity measured by quick ratio was 2.9 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 sales559.29741.38693.95684.97612.65
Gross profit256.71303.79287.59233.76409.85
EBIT-20.3335.030.563.013.01
Net earnings-21.0734.650.04-0.00
Shareholders equity total148.60165.92125.9641.7041.70
Balance sheet total (assets)150.86165.92138.8343.5664.09
Net debt- 137.77-37.66-53.82-42.66-31.17
Profitability
EBIT-%-3.6 %4.7 %0.1 %0.4 %0.5 %
ROA-12.8 %22.1 %0.4 %3.3 %5.6 %
ROE-13.2 %22.0 %0.0 %-0.0 %
ROI-12.8 %22.3 %0.4 %3.6 %7.3 %
Economic value added (EVA)-21.3534.61-5.57-0.623.14
Solvency
Equity ratio98.5 %100.0 %90.7 %95.7 %65.1 %
Gearing
Relative net indebtedness %-24.2 %-5.1 %-5.9 %-6.0 %-1.4 %
Liquidity
Quick ratio59.233 184.410.823.42.9
Current ratio59.233 184.410.823.42.9
Cash and cash equivalents137.7737.6653.8242.6631.17
Capital use efficiency
Trade debtors turnover (days)8.021.3
Net working capital %23.5 %22.4 %18.2 %6.1 %6.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:5.63%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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