LHI SolarWind PV Hanstholmvej 2474 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LHI SolarWind PV Hanstholmvej 2474 ApS
LHI SolarWind PV Hanstholmvej 2474 ApS (CVR number: 40038493) is a company from GLADSAXE. The company reported a net sales of 16 mDKK in 2023, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 24.4 % (EBIT: 3.9 mDKK), while net earnings were -10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -4.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LHI SolarWind PV Hanstholmvej 2474 ApS's liquidity measured by quick ratio was 1.8 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 | 16 988.79 | 16 010.42 | 17 086.02 | 15 973.39 | |
Gross profit | - 170.53 | 10 878.72 | 12 054.50 | 12 273.13 | 10 882.83 |
EBIT | - 675.77 | 3 886.25 | 4 968.61 | 5 287.69 | 3 897.39 |
Net earnings | - 789.17 | -1 704.09 | -5 357.44 | -4 394.49 | -10 238.77 |
Shareholders equity total | 12 489.77 | -11 529.21 | -25 083.78 | -47 006.20 | -57 464.66 |
Balance sheet total (assets) | 248 120.86 | 227 582.89 | 231 629.98 | 231 160.99 | 219 048.65 |
Net debt | 216 031.11 | 217 664.93 | 226 843.14 | 247 009.14 | 248 278.91 |
Profitability | |||||
EBIT-% | 22.9 % | 31.0 % | 30.9 % | 24.4 % | |
ROA | -0.2 % | 2.2 % | 2.1 % | 2.0 % | 1.4 % |
ROE | -6.3 % | -1.4 % | -2.3 % | -1.9 % | -4.5 % |
ROI | -0.2 % | 2.2 % | 2.1 % | 2.0 % | 1.4 % |
Economic value added (EVA) | - 556.31 | 3 053.97 | 4 521.74 | 4 621.31 | 5 323.97 |
Solvency | |||||
Equity ratio | 5.0 % | -4.8 % | -9.8 % | -16.9 % | -20.8 % |
Gearing | 1738.9 % | -2022.5 % | -995.6 % | -577.4 % | -471.0 % |
Relative net indebtedness % | 1290.1 % | 1432.9 % | 1459.3 % | 1563.3 % | |
Liquidity | |||||
Quick ratio | 0.2 | 11.5 | 7.0 | 3.8 | 1.8 |
Current ratio | 0.2 | 11.5 | 7.0 | 3.8 | 1.8 |
Cash and cash equivalents | 1 154.53 | 15 513.09 | 22 882.47 | 24 406.55 | 22 390.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.4 | 24.1 | 3.2 | 10.7 | |
Net working capital % | 115.1 % | 172.5 % | 167.0 % | 91.2 % | |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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