Latin P ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Latin P ApS
Latin P ApS (CVR number: 39718987) is a company from KØBENHAVN. The company reported a net sales of 5.6 mDKK in 2023, demonstrating a growth of 29.4 % compared to the previous year. The operating profit percentage was at 193.2 % (EBIT: 10.9 mDKK), while net earnings were 11 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Latin P ApS's liquidity measured by quick ratio was 474.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 949.27 | 2 793.55 | 3 241.37 | 4 358.84 | 5 641.47 |
Gross profit | 2 925.71 | 2 426.92 | 2 861.88 | 3 943.08 | 5 252.26 |
EBIT | 12 413.21 | 1 586.03 | 16 894.56 | 2 801.08 | 10 898.26 |
Net earnings | 9 265.20 | 856.21 | 16 883.45 | 2 778.34 | 10 959.22 |
Shareholders equity total | 41 836.32 | 55 305.68 | 72 189.12 | 74 967.47 | 80 926.68 |
Balance sheet total (assets) | 64 671.15 | 63 553.21 | 78 034.92 | 80 834.91 | 86 738.79 |
Net debt | 16 074.87 | 409.23 | - 604.91 | -3 659.79 | -2 779.79 |
Profitability | |||||
EBIT-% | 420.9 % | 56.8 % | 521.2 % | 64.3 % | 193.2 % |
ROA | 21.2 % | 2.5 % | 23.9 % | 3.5 % | 13.1 % |
ROE | 24.9 % | 1.8 % | 26.5 % | 3.8 % | 14.1 % |
ROI | 21.3 % | 2.5 % | 24.1 % | 3.5 % | 13.1 % |
Economic value added (EVA) | 8 045.61 | -1 521.42 | 14 157.59 | - 796.03 | 7 317.96 |
Solvency | |||||
Equity ratio | 64.7 % | 87.0 % | 92.5 % | 92.7 % | 93.3 % |
Gearing | 40.1 % | 2.5 % | 0.1 % | ||
Relative net indebtedness % | 558.1 % | 53.1 % | -17.2 % | -83.7 % | -49.0 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 46.9 | 89.4 | 474.8 |
Current ratio | 0.7 | 0.7 | 46.9 | 89.4 | 474.8 |
Cash and cash equivalents | 716.87 | 964.77 | 604.91 | 3 717.63 | 2 779.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -38.2 % | -24.6 % | 66.8 % | 139.6 % | 113.4 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | A |
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