LYKKE KRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30498003
Ryttervej 18, Hvinderup 6070 Christiansfeld
Lk.aps@hotmail.com
tel: 21604674

Company information

Official name
LYKKE KRISTENSEN HOLDING ApS
Established
2007
Domicile
Hvinderup
Company form
Private limited company
Industry

About LYKKE KRISTENSEN HOLDING ApS

LYKKE KRISTENSEN HOLDING ApS (CVR number: 30498003) is a company from KOLDING. The company recorded a gross profit of 1589.5 kDKK in 2023. The operating profit was 1513.6 kDKK, while net earnings were 1268 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered good but Return on Equity (ROE) was 75.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LYKKE KRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 1.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit279.74239.57267.911 589.50
EBIT242.77202.60230.95402.991 513.55
Net earnings-28.6975.80260.92707.161 268.00
Shareholders equity total11.6387.43348.351 055.502 323.50
Balance sheet total (assets)3 994.923 886.417 125.8513 118.0514 484.54
Net debt3 837.863 669.236 642.2311 349.0611 236.86
Profitability
EBIT-%
ROA3.5 %4.6 %8.0 %11.3 %15.0 %
ROE-110.5 %153.0 %119.7 %100.7 %75.1 %
ROI3.6 %4.7 %8.2 %11.7 %15.7 %
Economic value added (EVA)23.46-11.4750.80228.37943.30
Solvency
Equity ratio0.3 %2.2 %4.9 %8.0 %16.0 %
Gearing33177.0 %4203.9 %1907.0 %1091.6 %491.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.11.3
Current ratio0.10.00.00.11.3
Cash and cash equivalents20.296.080.79173.19188.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.0%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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