LUB HOLDING APS — Credit Rating and Financial Key Figures

CVR number: 41564768
Carl Th. Zahles Gade 16, 2300 København S

Credit rating

Company information

Official name
LUB HOLDING APS
Established
2020
Company form
Private limited company
Industry

About LUB HOLDING APS

LUB HOLDING APS (CVR number: 41564768) is a company from KØBENHAVN. The company recorded a gross profit of -22 kDKK in 2023. The operating profit was -47 kDKK, while net earnings were 5683 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.3 %, which can be considered excellent and Return on Equity (ROE) was 26.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LUB HOLDING APS's liquidity measured by quick ratio was 152.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.00-45.00-17.00-27.00-22.00
EBIT-7.00-83.00-42.00-52.00-47.00
Net earnings35.00577.00-1 170.003 579.005 683.00
Shareholders equity total19 498.0017 975.0015 605.0018 584.0024 149.00
Balance sheet total (assets)20 532.0018 204.0017 190.0018 698.0024 308.00
Net debt-14 532.00-11 639.00-9 592.00-12 546.00-24 202.00
Profitability
EBIT-%
ROA0.4 %3.9 %0.6 %20.3 %27.3 %
ROE0.2 %3.1 %-7.0 %20.9 %26.6 %
ROI0.4 %4.0 %0.7 %20.4 %27.5 %
Economic value added (EVA)-5.44-12.41-58.8825.92-39.04
Solvency
Equity ratio95.0 %98.7 %90.8 %99.4 %99.3 %
Gearing10.0 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio14.153.37.1111.4152.9
Current ratio14.153.37.1111.4152.9
Cash and cash equivalents14 532.0011 639.0011 145.0012 619.0024 202.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:27.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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