K. Lundtoft Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39771446
Solskins Alle 18, 9440 Aabybro

Credit rating

Company information

Official name
K. Lundtoft Holding ApS
Established
2018
Company form
Private limited company
Industry

About K. Lundtoft Holding ApS

K. Lundtoft Holding ApS (CVR number: 39771446) is a company from JAMMERBUGT. The company reported a net sales of -0 mDKK in 2023, demonstrating a growth of -80.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0 mDKK), while net earnings were -32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K. Lundtoft Holding ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales339.25-14.71-18.79-33.07-6.47
Gross profit335.25-20.96-9.656.454.08
EBIT335.25-20.96-11.344.611.61
Net earnings336.14-24.38-25.02-19.73-32.16
Shareholders equity total386.14306.47281.45261.72229.56
Balance sheet total (assets)466.48391.21988.91979.77949.75
Net debt-88.25676.02697.87695.78
Profitability
EBIT-%98.8 %
ROA71.9 %-4.9 %-1.6 %0.5 %0.2 %
ROE87.1 %-7.0 %-8.5 %-7.3 %-13.1 %
ROI86.8 %-6.1 %-1.8 %0.5 %0.2 %
Economic value added (EVA)336.14-10.32-1.84-20.67-24.73
Solvency
Equity ratio82.8 %78.3 %28.5 %26.7 %24.2 %
Gearing243.1 %271.3 %312.0 %
Relative net indebtedness %23.7 %23.8 %-3722.9 %-2134.3 %-10814.0 %
Liquidity
Quick ratio1.02.00.50.50.3
Current ratio1.02.00.50.50.3
Cash and cash equivalents88.258.0712.1520.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-0.9 %-557.1 %282.8 %185.8 %1562.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.17%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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