LS HOLDING, VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 33242638
Vestergade 32, 6800 Varde
cykler@sport.dk
tel: 75220642

Company information

Official name
LS HOLDING, VARDE ApS
Established
2010
Company form
Private limited company
Industry

About LS HOLDING, VARDE ApS

LS HOLDING, VARDE ApS (CVR number: 33242638) is a company from VARDE. The company recorded a gross profit of -7 kDKK in 2024. The operating profit was -7 kDKK, while net earnings were 722.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LS HOLDING, VARDE ApS's liquidity measured by quick ratio was 6.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.60-6.22-6.47-6.88-7.00
EBIT-8.60-6.22-6.47-6.88-7.00
Net earnings1 002.96651.09- 109.43176.11722.36
Shareholders equity total13 572.8614 110.9513 887.1213 945.4314 545.80
Balance sheet total (assets)15 935.5119 111.4214 942.5715 109.6415 824.34
Net debt832.783 567.37-23.0478.0286.10
Profitability
EBIT-%
ROA7.0 %4.2 %0.4 %2.1 %5.6 %
ROE7.6 %4.7 %-0.8 %1.3 %5.1 %
ROI7.4 %4.4 %0.4 %2.1 %5.7 %
Economic value added (EVA)- 714.06- 758.75- 911.97- 754.66- 762.27
Solvency
Equity ratio85.2 %73.8 %92.9 %92.3 %91.9 %
Gearing10.5 %27.9 %7.4 %8.0 %8.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.77.06.56.2
Current ratio0.40.77.06.56.2
Cash and cash equivalents595.89371.871 047.301 037.391 177.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:5.64%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.9%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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