LEMVIG FORSYNINGSSERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 32832210
Havnen 8, 7620 Lemvig
tel: 96908000

Credit rating

Company information

Official name
LEMVIG FORSYNINGSSERVICE A/S
Personnel
30 persons
Established
2010
Company form
Limited company
Industry

About LEMVIG FORSYNINGSSERVICE A/S

LEMVIG FORSYNINGSSERVICE A/S (CVR number: 32832210) is a company from LEMVIG. The company reported a net sales of 25.2 mDKK in 2024, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0 mDKK), while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LEMVIG FORSYNINGSSERVICE A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales18 577.0019 518.0020 982.0022 636.0025 180.00
Gross profit15 965.0016 916.0017 963.0018 691.0021 330.00
EBIT-45.00-79.00-23.00-81.003.00
Net earnings
Shareholders equity total500.00500.00500.00500.00500.00
Balance sheet total (assets)8 793.005 194.005 758.005 038.008 016.00
Net debt-3 710.00-3 355.00-2 563.00-2 744.00-4 075.00
Profitability
EBIT-%-0.2 %-0.4 %-0.1 %-0.4 %0.0 %
ROA0.2 %0.6 %0.4 %-1.5 %0.1 %
ROE
ROI0.6 %1.7 %1.9 %-15.2 %0.2 %
Economic value added (EVA)36.2085.22124.8924.22117.42
Solvency
Equity ratio5.7 %9.6 %8.7 %9.9 %6.2 %
Gearing11.6 %17.6 %6.2 %6.6 %439.0 %
Relative net indebtedness %24.4 %6.4 %12.7 %7.8 %4.9 %
Liquidity
Quick ratio1.51.51.41.31.2
Current ratio1.51.51.41.31.2
Cash and cash equivalents3 768.003 443.002 594.002 777.006 270.00
Capital use efficiency
Trade debtors turnover (days)0.115.016.4
Net working capital %16.0 %8.4 %7.6 %5.5 %4.8 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.24%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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