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LC-Innovation ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LC-Innovation ApS
LC-Innovation ApS (CVR number: 39658690) is a company from BRØNDBY. The company recorded a gross profit of 11.6 kDKK in 2024. The operating profit was -108.4 kDKK, while net earnings were -13 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LC-Innovation ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 365.20 | 470.97 | 641.15 | 880.68 | 11.56 |
| EBIT | - 141.53 | -29.88 | 157.33 | 487.18 | - 108.44 |
| Net earnings | - 346.05 | - 214.90 | 110.62 | 385.84 | -12.96 |
| Shareholders equity total | - 886.73 | -1 101.63 | - 991.01 | - 605.16 | - 618.12 |
| Balance sheet total (assets) | 1 512.21 | 1 038.67 | 2 859.41 | 1 388.47 | 965.54 |
| Net debt | 2 249.19 | 1 802.43 | 580.69 | - 254.27 | -70.55 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.3 % | -1.3 % | 5.3 % | 16.7 % | -5.8 % |
| ROE | -18.0 % | -16.8 % | 5.7 % | 18.2 % | -1.1 % |
| ROI | -5.5 % | -1.4 % | 10.8 % | 72.2 % | -43.2 % |
| Economic value added (EVA) | - 249.89 | - 103.14 | 64.64 | 504.49 | -70.60 |
| Solvency | |||||
| Equity ratio | -37.0 % | -51.5 % | -25.7 % | -30.4 % | -39.0 % |
| Gearing | -264.4 % | -185.0 % | -88.3 % | -79.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.4 | 0.4 | 0.8 | 0.7 | 0.6 |
| Current ratio | 0.4 | 0.4 | 0.8 | 0.7 | 0.6 |
| Cash and cash equivalents | 95.47 | 235.81 | 294.12 | 732.27 | 70.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | B | B |
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