LIMITECH FINANCE ApS — Credit Rating and Financial Key Figures

CVR number: 36041560
Fristrupvej 162-164, Birkelse 9440 Aabybro

Credit rating

Company information

Official name
LIMITECH FINANCE ApS
Established
2014
Domicile
Birkelse
Company form
Private limited company
Industry

About LIMITECH FINANCE ApS

LIMITECH FINANCE ApS (CVR number: 36041560) is a company from JAMMERBUGT. The company recorded a gross profit of 857.7 kDKK in 2024. The operating profit was 528.8 kDKK, while net earnings were 476.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LIMITECH FINANCE ApS's liquidity measured by quick ratio was 5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit62.461 008.05- 163.241 705.92857.74
EBIT- 142.38661.25- 432.891 348.93528.84
Net earnings- 118.73500.41- 345.261 111.07476.70
Shareholders equity total3 663.414 163.823 818.564 929.633 906.33
Balance sheet total (assets)3 857.386 813.585 595.425 948.594 924.75
Net debt-1 544.17-1 426.78-1 206.70-3 335.72-2 625.23
Profitability
EBIT-%
ROA-3.6 %12.4 %-6.9 %24.7 %11.2 %
ROE-3.2 %12.8 %-8.7 %25.4 %10.8 %
ROI-3.7 %12.9 %-7.5 %27.3 %12.5 %
Economic value added (EVA)- 309.01322.79- 659.73800.84138.87
Solvency
Equity ratio95.0 %64.4 %75.8 %82.9 %79.3 %
Gearing47.2 %26.2 %
Relative net indebtedness %
Liquidity
Quick ratio122.42.32.57.05.0
Current ratio122.41.91.67.05.0
Cash and cash equivalents1 544.173 392.032 206.703 335.722 625.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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