LF-TÆTNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LF-TÆTNING ApS
LF-TÆTNING ApS (CVR number: 30576713) is a company from FAVRSKOV. The company recorded a gross profit of 400.3 kDKK in 2023. The operating profit was -6.8 kDKK, while net earnings were -5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.3 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.9 %, 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. LF-TÆTNING 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 377.10 | 244.06 | 329.93 | 316.20 | 400.33 |
EBIT | 49.04 | -40.32 | 45.25 | -53.39 | -6.85 |
Net earnings | 37.00 | -33.08 | 31.81 | -42.96 | -5.85 |
Shareholders equity total | 342.23 | 309.15 | 340.96 | 297.99 | 292.14 |
Balance sheet total (assets) | 532.39 | 512.31 | 541.21 | 521.49 | 496.26 |
Net debt | 35.84 | 21.75 | - 103.33 | - 142.39 | - 141.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | -7.7 % | 8.6 % | -10.0 % | -1.3 % |
ROE | 11.4 % | -10.2 % | 9.8 % | -13.4 % | -2.0 % |
ROI | 9.0 % | -8.7 % | 9.8 % | -11.8 % | -1.5 % |
Economic value added (EVA) | 32.32 | -45.25 | 23.20 | -48.96 | -7.91 |
Solvency | |||||
Equity ratio | 64.3 % | 60.3 % | 63.0 % | 57.1 % | 58.9 % |
Gearing | 31.2 % | 37.1 % | 31.0 % | 40.0 % | 38.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.6 | 1.5 | 1.8 |
Current ratio | 1.1 | 1.2 | 1.7 | 1.7 | 1.9 |
Cash and cash equivalents | 71.08 | 92.93 | 209.03 | 261.59 | 253.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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