Løgismose Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Løgismose Holding ApS
Løgismose Holding ApS (CVR number: 36489901K) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1118.2 mDKK in 2021, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -14.7 mDKK), while net earnings were -24.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Løgismose Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 090.83 | 1 086.96 | 1 153.24 | 1 073.11 | 1 118.21 |
Gross profit | 448.78 | 532.13 | 561.10 | 517.62 | 521.33 |
EBIT | -42.26 | -2.37 | -12.18 | - 246.55 | -14.75 |
Net earnings | -42.11 | -13.29 | -22.10 | - 200.65 | -24.65 |
Shareholders equity total | 588.84 | 606.00 | 632.49 | 429.12 | 405.83 |
Balance sheet total (assets) | 1 165.83 | 1 271.75 | 1 254.22 | 1 025.60 | 1 044.35 |
Net debt | -99.58 | 160.84 | 229.85 | 176.88 | -41.17 |
Profitability | |||||
EBIT-% | -3.9 % | -0.2 % | -1.1 % | -23.0 % | -1.3 % |
ROA | -3.5 % | -0.2 % | -1.0 % | -21.6 % | -1.4 % |
ROE | -6.9 % | -2.2 % | -3.6 % | -37.8 % | -5.9 % |
ROI | -2.3 % | -0.2 % | -1.3 % | -30.2 % | -2.4 % |
Economic value added (EVA) | -67.42 | -26.33 | -42.93 | - 227.46 | -40.01 |
Solvency | |||||
Equity ratio | 44.7 % | 47.7 % | 50.5 % | 42.0 % | 38.9 % |
Gearing | 52.6 % | 38.0 % | 47.9 % | ||
Relative net indebtedness % | -63.1 % | 46.7 % | 53.0 % | 52.9 % | 53.4 % |
Liquidity | |||||
Quick ratio | -0.5 | 1.2 | 1.2 | 1.1 | 0.6 |
Current ratio | -0.6 | 1.4 | 1.5 | 1.5 | 0.8 |
Cash and cash equivalents | 99.58 | 157.75 | 10.36 | 28.85 | 41.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 54.0 | 55.3 | 49.7 | 55.9 | |
Net working capital % | 88.2 % | 10.9 % | 9.5 % | 9.8 % | -8.3 % |
Credit risk | |||||
Credit rating | BBB | AA | A | A | A |
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