Lerche Frandsen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37171182
Mågevej 49, 7100 Vejle

Company information

Official name
Lerche Frandsen Holding ApS
Established
2015
Company form
Private limited company
Industry

About Lerche Frandsen Holding ApS

Lerche Frandsen Holding ApS (CVR number: 37171182) is a company from VEJLE. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a growth of 61.7 % compared to the previous year. The operating profit percentage was at 94.9 % (EBIT: 0.2 mDKK), while net earnings were 220.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.3 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lerche Frandsen Holding ApS's liquidity measured by quick ratio was 24.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales59.24-3.7012.84142.39230.29
Gross profit56.02-7.3615.15136.39218.59
EBIT56.02-7.3615.15136.39218.59
Net earnings57.47-5.7511.84138.53220.47
Shareholders equity total313.02307.28319.12457.65628.12
Balance sheet total (assets)315.02309.28321.12459.65635.25
Net debt-41.69-37.70-28.40-28.65- 168.96
Profitability
EBIT-%94.6 %118.0 %95.8 %94.9 %
ROA12.5 %-1.7 %5.5 %35.5 %40.3 %
ROE12.5 %-1.9 %3.8 %35.7 %40.6 %
ROI12.6 %-1.7 %5.5 %35.7 %40.6 %
Economic value added (EVA)82.51-1.2621.42143.22233.01
Solvency
Equity ratio99.4 %99.4 %99.4 %99.6 %98.9 %
Gearing
Relative net indebtedness %-67.0 %965.0 %-205.7 %-18.7 %-70.3 %
Liquidity
Quick ratio43.342.341.839.924.5
Current ratio43.342.341.839.924.5
Cash and cash equivalents41.6937.7028.4028.65168.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %142.9 %-2233.1 %635.6 %54.6 %72.9 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:40.3%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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