Locotin ApS

CVR number: 37834262
Søndergade 11, Assens 9550 Mariager

Credit rating

Company information

Official name
Locotin ApS
Personnel
5 persons
Established
2016
Domicile
Assens
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Locotin ApS

Locotin ApS (CVR number: 37834262) is a company from MARIAGERFJORD. The company recorded a gross profit of 1964 kDKK in 2022. The operating profit was 189.6 kDKK, while net earnings were -166.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -19.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Locotin ApS's liquidity measured by quick ratio was 0.1 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
20182019202020212022
Volume
Net sales
Gross profit2 075.202 830.632 293.851 856.011 963.97
EBIT-1 769.7536.98397.5086.66189.57
Net earnings-1 558.88- 194.9649.39- 554.92- 166.05
Shareholders equity total250.0155.05104.44- 450.48- 616.53
Balance sheet total (assets)5 545.024 462.504 166.853 045.542 532.51
Net debt2 927.503 085.052 613.801 993.401 821.81
Profitability
EBIT-%
ROA-29.6 %0.8 %9.2 %2.3 %5.7 %
ROE-151.4 %-127.8 %61.9 %-35.2 %-6.0 %
ROI-42.5 %1.2 %13.4 %3.6 %9.7 %
Economic value added (EVA)-1 534.34-43.26305.4122.95183.79
Solvency
Equity ratio4.5 %1.2 %2.5 %-12.9 %-19.6 %
Gearing1179.8 %5652.5 %2528.2 %-443.7 %-305.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.20.10.1
Current ratio0.50.40.50.30.3
Cash and cash equivalents22.1226.7626.705.5363.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:5.71%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-19.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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