LITE FLITE ApS

CVR number: 12794509
Lufthavnsvej 8, 6580 Vamdrup
tel: 75583758

Credit rating

Company information

Official name
LITE FLITE ApS
Personnel
9 persons
Established
1989
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About LITE FLITE ApS

LITE FLITE ApS (CVR number: 12794509) is a company from KOLDING. The company recorded a gross profit of 4015 kDKK in 2023. The operating profit was 1100 kDKK, while net earnings were 743 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. LITE FLITE ApS's liquidity measured by quick ratio was 1.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit3 797.003 224.003 207.004 227.004 015.00
EBIT1 163.00590.00821.001 641.001 100.00
Net earnings822.00368.00551.001 194.00743.00
Shareholders equity total2 745.002 791.002 974.003 617.003 860.00
Balance sheet total (assets)6 257.006 206.005 556.005 978.006 506.00
Net debt2 314.001 521.001 420.00236.00573.00
Profitability
EBIT-%
ROA18.3 %9.5 %14.0 %28.5 %17.6 %
ROE29.7 %13.3 %19.1 %36.2 %19.9 %
ROI21.2 %10.9 %15.9 %32.5 %21.1 %
Economic value added (EVA)661.23213.62430.101 068.22672.64
Solvency
Equity ratio44.2 %45.5 %53.5 %60.9 %60.8 %
Gearing93.6 %86.0 %58.0 %43.2 %33.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.61.42.51.5
Current ratio3.23.43.54.43.0
Cash and cash equivalents254.00878.00305.001 325.00734.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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