LH Electric Marine ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LH Electric Marine ApS
LH Electric Marine ApS (CVR number: 40233067) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 940.4 kDKK in 2023. The operating profit was -23.8 kDKK, while net earnings were -18.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.5 %, which can be considered poor and Return on Equity (ROE) was -33.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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. LH Electric Marine ApS's liquidity measured by quick ratio was 4 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 | 619.39 | 1 012.53 | 821.74 | 1 008.95 | 940.38 |
EBIT | 106.16 | 73.41 | -62.48 | -90.92 | -23.75 |
Net earnings | 81.79 | 53.93 | -50.32 | -71.37 | -18.49 |
Shareholders equity total | 131.79 | 185.72 | 135.39 | 64.02 | 45.53 |
Balance sheet total (assets) | 175.53 | 222.51 | 146.72 | 76.73 | 60.48 |
Net debt | -67.97 | 12.02 | -17.99 | -25.02 | 1.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 60.5 % | 36.9 % | -33.8 % | -81.4 % | -34.5 % |
ROE | 62.1 % | 34.0 % | -31.3 % | -71.6 % | -33.8 % |
ROI | 77.9 % | 44.0 % | -37.0 % | -86.7 % | -38.1 % |
Economic value added (EVA) | 82.00 | 53.64 | -58.22 | -76.59 | -20.18 |
Solvency | |||||
Equity ratio | 75.1 % | 83.5 % | 92.3 % | 83.4 % | 75.3 % |
Gearing | 3.4 % | 6.5 % | 3.3 % | 9.3 % | 19.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 6.0 | 13.0 | 6.0 | 4.0 |
Current ratio | 4.0 | 6.0 | 13.0 | 6.0 | 4.0 |
Cash and cash equivalents | 72.39 | 22.41 | 30.97 | 7.17 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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