LiveTrends Design Group Europe ApS

CVR number: 41917253
Odensevej 32, Søholmshuse 5620 Glamsbjerg

Credit rating

Company information

Official name
LiveTrends Design Group Europe ApS
Personnel
24 persons
Established
2020
Domicile
Søholmshuse
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About LiveTrends Design Group Europe ApS

LiveTrends Design Group Europe ApS (CVR number: 41917253) is a company from ASSENS. The company recorded a gross profit of 6776.9 kDKK in 2023. The operating profit was -6268.3 kDKK, while net earnings were -2510.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -234.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.1 %, 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. LiveTrends Design Group Europe ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit12 701.718 466.466 776.91
EBIT1 563.15-2 264.94-6 268.31
Net earnings760.24-2 394.30-2 510.48
Shareholders equity total3 740.241 345.94798.17
Balance sheet total (assets)28 237.6029 829.2219 676.69
Net debt7 093.9511 358.406 841.60
Profitability
EBIT-%
ROA5.6 %-7.8 %-3.1 %
ROE20.3 %-94.1 %-234.2 %
ROI14.2 %-18.7 %-7.3 %
Economic value added (EVA)1 208.65-2 148.25-8 199.99
Solvency
Equity ratio13.2 %4.5 %4.1 %
Gearing194.0 %876.3 %893.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.2
Current ratio1.81.41.1
Cash and cash equivalents162.61435.79289.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBC

Variable visualization

ROA:-3.10%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.06%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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