LIFTER DANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 20951532
Axel Kiers Vej 8 B, 8270 Højbjerg
jt@lifterdanmark.dk
tel: 86293211

Credit rating

Company information

Official name
LIFTER DANMARK ApS
Personnel
2 persons
Established
1998
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LIFTER DANMARK ApS

LIFTER DANMARK ApS (CVR number: 20951532) is a company from AARHUS. The company recorded a gross profit of 1839 kDKK in 2023. The operating profit was -62.3 kDKK, while net earnings were 199.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71 %, 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. LIFTER DANMARK ApS's liquidity measured by quick ratio was 2.7 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 profit1 715.642 167.262 352.071 658.391 839.03
EBIT- 208.35218.74385.56- 238.16-62.31
Net earnings- 163.87488.17220.656.97199.53
Shareholders equity total2 949.803 212.263 202.302 975.802 934.92
Balance sheet total (assets)3 870.995 044.804 166.804 007.914 131.00
Net debt-2 103.67-3 197.85-1 558.31-2 380.01-2 334.26
Profitability
EBIT-%
ROA-4.3 %14.3 %9.0 %0.4 %6.4 %
ROE-5.2 %15.8 %6.9 %0.2 %6.8 %
ROI-5.8 %20.5 %12.7 %0.5 %8.5 %
Economic value added (EVA)- 191.72127.95299.01- 240.95-76.25
Solvency
Equity ratio76.2 %63.7 %76.9 %74.2 %71.0 %
Gearing1.4 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.23.42.92.7
Current ratio2.82.33.52.92.7
Cash and cash equivalents2 103.673 197.851 558.312 423.032 354.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.40%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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