Lotus Electronics ApS — Credit Rating and Financial Key Figures

CVR number: 37811297
Solbærvej 2, 6430 Nordborg
contact@lotus-electronics.dk

Credit rating

Company information

Official name
Lotus Electronics ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About Lotus Electronics ApS

Lotus Electronics ApS (CVR number: 37811297) is a company from SØNDERBORG. The company recorded a gross profit of 10.3 kDKK in 2023. The operating profit was 7.7 kDKK, while net earnings were 6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lotus Electronics ApS's liquidity measured by quick ratio was 18.9 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
20192020202120222023
Volume
Net sales
Gross profit56.6590.1143.2639.9310.27
EBIT46.8021.6716.628.067.75
Net earnings36.5216.9312.976.246.31
Shareholders equity total166.06182.99155.97147.21153.52
Balance sheet total (assets)176.44215.66164.25151.60160.77
Net debt- 136.19- 176.88- 101.26- 113.89- 137.06
Profitability
EBIT-%
ROA29.4 %11.1 %8.8 %5.1 %5.2 %
ROE24.7 %9.7 %7.7 %4.1 %4.2 %
ROI31.5 %12.4 %9.8 %5.3 %5.4 %
Economic value added (EVA)35.4015.9012.663.554.38
Solvency
Equity ratio94.1 %84.9 %95.0 %97.1 %95.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio15.85.813.626.818.9
Current ratio19.26.619.834.522.2
Cash and cash equivalents136.19176.88101.26113.89137.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:5.17%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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