LB Production ApS — Credit Rating and Financial Key Figures

CVR number: 35469028
Langhedevej 18, Tinghøj 6800 Varde

Credit rating

Company information

Official name
LB Production ApS
Personnel
1 person
Established
2013
Domicile
Tinghøj
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About LB Production ApS

LB Production ApS (CVR number: 35469028) is a company from VARDE. The company recorded a gross profit of 620.1 kDKK in 2023. The operating profit was 113 kDKK, while net earnings were 87.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, 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. LB Production ApS's liquidity measured by quick ratio was 3.2 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 profit439.76630.06545.85503.06620.12
EBIT-71.57172.424.36-40.23113.00
Net earnings-56.66132.15-1.29-36.5587.06
Shareholders equity total477.40609.55551.75458.00486.16
Balance sheet total (assets)521.57856.32682.25605.97704.37
Net debt- 119.85- 719.63- 459.96- 463.89- 519.18
Profitability
EBIT-%
ROA-11.9 %25.0 %0.6 %-6.2 %17.2 %
ROE-11.2 %24.3 %-0.2 %-7.2 %18.4 %
ROI-14.1 %31.6 %0.7 %-8.0 %22.2 %
Economic value added (EVA)-70.33116.229.91-37.9888.45
Solvency
Equity ratio91.5 %71.2 %80.9 %75.6 %69.0 %
Gearing0.1 %0.1 %0.1 %0.1 %15.3 %
Relative net indebtedness %
Liquidity
Quick ratio8.93.14.63.73.2
Current ratio8.93.14.63.73.2
Cash and cash equivalents120.22720.01460.34464.28593.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.2%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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