Credit rating
Company information
About LBA BILER ApS
LBA BILER ApS (CVR number: 27578527) is a company from ROSKILDE. The company reported a net sales of 45.2 mDKK in 2023, demonstrating a growth of 2.6 % compared to the previous year. The operating profit percentage was at 5 % (EBIT: 2.2 mDKK), while net earnings were 1462.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. LBA BILER ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 44 013.94 | 45 152.47 | |||
Gross profit | 4 942.73 | 6 288.91 | 6 857.48 | 6 692.27 | 6 352.33 |
EBIT | 969.76 | 2 215.08 | 2 842.00 | 2 434.77 | 2 247.72 |
Net earnings | 507.64 | 1 537.86 | 2 033.78 | 1 700.29 | 1 462.34 |
Shareholders equity total | 5 415.07 | 6 952.94 | 7 986.72 | 9 187.00 | 10 149.34 |
Balance sheet total (assets) | 8 772.79 | 9 856.53 | 11 635.41 | 12 054.65 | 13 785.95 |
Net debt | 2 063.72 | 87.62 | 1 113.83 | 1 393.17 | 2 821.30 |
Profitability | |||||
EBIT-% | 5.5 % | 5.0 % | |||
ROA | 11.2 % | 23.8 % | 26.4 % | 20.6 % | 17.4 % |
ROE | 9.8 % | 24.9 % | 27.2 % | 19.8 % | 15.1 % |
ROI | 13.3 % | 30.5 % | 35.2 % | 24.7 % | 19.1 % |
Economic value added (EVA) | 509.50 | 1 449.17 | 1 857.28 | 1 491.04 | 1 284.35 |
Solvency | |||||
Equity ratio | 61.7 % | 70.5 % | 68.6 % | 76.2 % | 73.6 % |
Gearing | 38.6 % | 1.3 % | 13.9 % | 15.4 % | 27.8 % |
Relative net indebtedness % | 6.5 % | 8.0 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.6 | 0.7 | 0.8 |
Current ratio | 2.1 | 2.9 | 2.7 | 3.7 | 3.5 |
Cash and cash equivalents | 25.33 | 0.15 | 21.07 | 4.01 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 9.5 | 11.3 | |||
Net working capital % | 17.3 % | 20.4 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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