LOGIT ApS — Credit Rating and Financial Key Figures

CVR number: 21068675
J.L. Varmingsvej 8, Brejning 7080 Børkop
mail@logit.dk
tel: 70202115
www.logit.dk

Credit rating

Company information

Official name
LOGIT ApS
Personnel
2 persons
Established
1998
Domicile
Brejning
Company form
Private limited company
Industry

About LOGIT ApS

LOGIT ApS (CVR number: 21068675) is a company from VEJLE. The company recorded a gross profit of 2720.4 kDKK in 2023. The operating profit was 1047.2 kDKK, while net earnings were 834.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 63.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. LOGIT ApS's liquidity measured by quick ratio was 2 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 profit1 928.932 259.522 371.302 529.142 720.41
EBIT491.49850.21871.52983.741 047.23
Net earnings433.44665.12686.10763.57834.14
Shareholders equity total1 015.031 180.151 216.251 279.821 363.97
Balance sheet total (assets)1 751.942 108.402 650.312 754.303 797.09
Net debt-1 196.37-1 425.48- 725.88-1 354.78-1 694.77
Profitability
EBIT-%
ROA19.6 %46.0 %38.2 %37.8 %33.3 %
ROE39.5 %60.6 %57.3 %61.2 %63.1 %
ROI46.7 %75.8 %68.4 %75.4 %75.6 %
Economic value added (EVA)307.19608.78611.52703.34750.68
Solvency
Equity ratio66.9 %61.2 %52.5 %52.8 %45.6 %
Gearing12.5 %9.2 %7.7 %10.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.62.22.22.0
Current ratio2.42.31.81.91.6
Cash and cash equivalents1 196.371 573.43838.311 453.131 840.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.6%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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