LW Grindsted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LW Grindsted ApS
LW Grindsted ApS (CVR number: 34601135) is a company from BILLUND. The company recorded a gross profit of 1403.8 kDKK in 2024. The operating profit was -492.8 kDKK, while net earnings were -375.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.9 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LW Grindsted ApS's liquidity measured by quick ratio was 0.7 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 | 1 024.81 | 3 222.16 | 2 543.47 | 1 684.91 | 1 403.83 |
EBIT | 0.52 | 1 180.63 | 355.11 | - 236.40 | - 492.79 |
Net earnings | -2.33 | 912.42 | 260.75 | - 256.18 | - 375.31 |
Shareholders equity total | 483.41 | 1 395.83 | 1 656.58 | 1 400.40 | 1 025.09 |
Balance sheet total (assets) | 1 838.23 | 3 029.30 | 3 000.95 | 2 647.99 | 2 069.33 |
Net debt | - 684.55 | - 393.91 | - 103.51 | 451.29 | 28.98 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.0 % | 48.5 % | 11.8 % | -8.4 % | -20.9 % |
ROE | -0.3 % | 97.1 % | 17.1 % | -16.8 % | -30.9 % |
ROI | 0.1 % | 102.2 % | 19.0 % | -11.7 % | -28.2 % |
Economic value added (EVA) | -1.35 | 940.42 | 226.41 | - 289.62 | - 426.84 |
Solvency | |||||
Equity ratio | 26.3 % | 46.1 % | 57.6 % | 56.5 % | 51.5 % |
Gearing | 37.8 % | 15.4 % | 28.7 % | 35.5 % | 55.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.6 | 0.5 | 0.1 | 0.7 |
Current ratio | 1.4 | 1.7 | 1.9 | 1.9 | 1.9 |
Cash and cash equivalents | 867.18 | 608.40 | 579.15 | 45.19 | 543.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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