LUNDGREN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LUNDGREN HOLDING ApS
LUNDGREN HOLDING ApS (CVR number: 21702587) is a company from FAVRSKOV. The company recorded a gross profit of 23.6 kDKK in 2023. The operating profit was -61.1 kDKK, while net earnings were 5407.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 25.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. LUNDGREN HOLDING ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -29.00 | -27.50 | - 127.62 | -16.34 | 23.63 |
| EBIT | -29.00 | -27.50 | -2 081.37 | -56.34 | -61.12 |
| Net earnings | 2 925.05 | 5 580.09 | - 972.77 | 6 013.31 | 5 407.23 |
| Shareholders equity total | 8 058.00 | 13 638.09 | 12 665.32 | 18 678.63 | 24 085.86 |
| Balance sheet total (assets) | 14 146.18 | 20 381.43 | 22 415.51 | 28 541.44 | 36 054.90 |
| Net debt | -2 683.00 | -7 796.13 | -4 987.52 | -8 518.93 | -12 539.49 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.2 % | 39.2 % | 6.4 % | 32.7 % | 22.6 % |
| ROE | 44.3 % | 51.4 % | -7.4 % | 38.4 % | 25.3 % |
| ROI | 27.1 % | 40.2 % | 6.7 % | 33.9 % | 23.4 % |
| Economic value added (EVA) | 140.63 | 294.02 | -1 175.75 | 582.72 | 696.38 |
| Solvency | |||||
| Equity ratio | 57.0 % | 66.9 % | 56.5 % | 65.4 % | 66.8 % |
| Gearing | 75.3 % | 43.4 % | 68.4 % | 48.7 % | 43.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 2.0 | 1.5 | 1.9 | 2.2 |
| Current ratio | 1.5 | 2.0 | 1.5 | 1.9 | 2.2 |
| Cash and cash equivalents | 8 751.18 | 13 721.33 | 13 654.69 | 17 613.86 | 23 033.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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