Credit rating
Company information
About Lars T Design ApS
Lars T Design ApS (CVR number: 31186072) is a company from FREDERIKSSUND. The company recorded a gross profit of 487.7 kDKK in 2022. The operating profit was -1.7 kDKK, while net earnings were -3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -44.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Lars T Design ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 359.00 | 315.00 | 305.00 | 546.00 | 487.74 |
EBIT | 9.00 | 29.00 | -74.00 | -12.00 | -1.71 |
Net earnings | 9.00 | 29.00 | -74.00 | -15.00 | -3.30 |
Shareholders equity total | 12.00 | 41.00 | -33.00 | -47.00 | -50.76 |
Balance sheet total (assets) | 81.00 | 113.00 | 90.00 | 129.00 | 63.96 |
Net debt | -58.00 | -87.00 | -72.00 | - 120.00 | -58.70 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.0 % | 29.9 % | -62.7 % | -8.0 % | -1.2 % |
ROE | 120.0 % | 109.4 % | -113.0 % | -13.7 % | -3.4 % |
ROI | 62.1 % | 86.6 % | -269.1 % | -200.0 % | -34.6 % |
Economic value added (EVA) | 13.97 | 31.66 | -71.34 | -6.37 | 6.93 |
Solvency | |||||
Equity ratio | 14.8 % | 36.3 % | -26.8 % | -26.7 % | -44.2 % |
Gearing | 58.3 % | 17.1 % | -21.2 % | -10.6 % | -9.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.3 | 0.6 | 0.7 | 0.6 |
Current ratio | 1.0 | 1.3 | 0.6 | 0.7 | 0.6 |
Cash and cash equivalents | 65.00 | 94.00 | 79.00 | 125.00 | 63.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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