QUALITY LIFT DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 27180817
Åbrinken 255, 2830 Virum
elevatorbue@gmail.com
tel: 32150739

Credit rating

Company information

Official name
QUALITY LIFT DENMARK ApS
Established
2003
Company form
Private limited company
Industry

About QUALITY LIFT DENMARK ApS

QUALITY LIFT DENMARK ApS (CVR number: 27180817) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1962.8 kDKK in 2023. The operating profit was 1962.8 kDKK, while net earnings were 1651 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 70.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.9 %, 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. QUALITY LIFT DENMARK ApS's liquidity measured by quick ratio was 1.1 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 profit1 157.492 669.471 727.793 271.821 962.84
EBIT1 157.492 669.471 727.793 271.821 962.84
Net earnings981.862 078.731 549.972 611.291 651.01
Shareholders equity total1 180.002 258.741 708.702 820.001 871.00
Balance sheet total (assets)4 288.848 395.789 075.0114 988.0315 758.65
Net debt- 410.41- 681.86-4.91- 501.27- 431.95
Profitability
EBIT-%
ROA31.7 %42.1 %23.4 %30.1 %15.8 %
ROE94.5 %120.9 %78.1 %115.3 %70.4 %
ROI121.8 %155.3 %103.1 %159.8 %103.8 %
Economic value added (EVA)941.732 043.521 260.362 459.321 408.36
Solvency
Equity ratio27.5 %26.9 %18.8 %18.8 %11.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.21.21.1
Current ratio1.41.41.21.21.1
Cash and cash equivalents410.41681.864.91501.27431.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.9%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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