Credit rating
Company information
About LB1 Holding ApS
LB1 Holding ApS (CVR number: 38985442K) is a company from VEJLE. The company reported a net sales of 226.1 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was at 18.9 % (EBIT: 42.8 mDKK), while net earnings were 28.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 48.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LB1 Holding ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 235.18 | 324.84 | 205.14 | 231.96 | 226.15 |
Gross profit | 37.20 | 51.52 | 31.02 | 36.05 | 40.02 |
EBIT | 19.60 | 26.55 | 13.56 | 21.71 | 42.77 |
Net earnings | 14.42 | 16.75 | 10.91 | 15.65 | 28.40 |
Shareholders equity total | 116.16 | 98.30 | 108.44 | 124.26 | 145.43 |
Balance sheet total (assets) | 341.67 | 286.89 | 297.18 | 289.22 | 360.89 |
Net debt | 100.20 | 133.65 | 98.19 | 102.82 | 70.09 |
Profitability | |||||
EBIT-% | 8.3 % | 8.2 % | 6.6 % | 9.4 % | 18.9 % |
ROA | 7.0 % | 8.8 % | 5.5 % | 7.6 % | 13.4 % |
ROE | 31.6 % | 34.9 % | 21.6 % | 29.2 % | 48.1 % |
ROI | 8.9 % | 10.9 % | 6.5 % | 9.2 % | 16.4 % |
Economic value added (EVA) | 4.21 | 10.36 | 1.89 | 9.06 | 21.79 |
Solvency | |||||
Equity ratio | 34.3 % | 34.6 % | 36.9 % | 43.3 % | 40.7 % |
Gearing | 106.8 % | 140.7 % | 104.3 % | 86.2 % | 70.1 % |
Relative net indebtedness % | 79.8 % | 52.6 % | 77.9 % | 63.8 % | 72.0 % |
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.6 | 0.7 | 1.0 |
Current ratio | 1.1 | 1.0 | 0.9 | 1.1 | 1.0 |
Cash and cash equivalents | 23.83 | 4.64 | 14.95 | 4.31 | 31.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 73.1 | 36.3 | 53.3 | 60.1 | 96.1 |
Net working capital % | 2.3 % | 0.2 % | -3.9 % | 2.5 % | -2.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AA |
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