LUNDENS HANDELSHUS A/S — Credit Rating and Financial Key Figures

CVR number: 21116041
Skodsborgvej 152 B, Søllerød 2840 Holte
tel: 45801690

Credit rating

Company information

Official name
LUNDENS HANDELSHUS A/S
Personnel
3 persons
Established
1998
Domicile
Søllerød
Company form
Limited company
Industry

About LUNDENS HANDELSHUS A/S

LUNDENS HANDELSHUS A/S (CVR number: 21116041) is a company from RUDERSDAL. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -216.8 kDKK, while net earnings were -187.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. LUNDENS HANDELSHUS A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 306.501 405.09
EBIT526.75623.45216.94147.98- 216.77
Net earnings395.39456.91159.51110.73- 187.95
Shareholders equity total3 519.353 526.263 285.782 996.512 808.56
Balance sheet total (assets)5 319.555 863.796 380.438 017.917 320.10
Net debt-91.52-1 050.99- 703.13- 765.444 021.53
Profitability
EBIT-%
ROA10.4 %11.1 %3.5 %2.1 %-2.8 %
ROE11.1 %13.0 %4.7 %3.5 %-6.5 %
ROI14.7 %17.7 %6.4 %4.7 %-4.2 %
Economic value added (EVA)248.68313.3743.06-15.77- 297.54
Solvency
Equity ratio66.2 %60.1 %51.5 %37.4 %38.4 %
Gearing160.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.70.70.30.3
Current ratio2.11.91.71.41.4
Cash and cash equivalents91.521 050.99703.13765.44484.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-2.83%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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