LUND TELTE ApS — Credit Rating and Financial Key Figures

CVR number: 32095011
Møllegaarden 81, 6933 Kibæk
hl@lundtelte.dk
tel: 20824262

Credit rating

Company information

Official name
LUND TELTE ApS
Personnel
3 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About LUND TELTE ApS

LUND TELTE ApS (CVR number: 32095011) is a company from HERNING. The company recorded a gross profit of 850.4 kDKK in 2023. The operating profit was 830.1 kDKK, while net earnings were 521.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.7 %, 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. LUND TELTE ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit793.47767.191 546.292 109.57850.44
EBIT715.71710.241 422.692 045.91830.10
Net earnings421.85423.321 035.591 516.05521.22
Shareholders equity total3 350.623 773.944 809.525 982.376 150.19
Balance sheet total (assets)12 002.4411 251.8412 591.9312 411.9712 382.08
Net debt7 568.915 707.523 211.523 953.154 584.64
Profitability
EBIT-%
ROA8.7 %6.1 %11.9 %16.4 %6.7 %
ROE13.4 %11.9 %24.1 %28.1 %8.6 %
ROI10.3 %7.0 %14.6 %19.5 %7.6 %
Economic value added (EVA)444.02114.77660.701 196.63142.36
Solvency
Equity ratio27.9 %33.5 %38.2 %48.2 %49.7 %
Gearing226.0 %151.3 %108.0 %83.3 %77.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.31.01.21.2
Current ratio1.01.11.42.32.3
Cash and cash equivalents5.143.551 985.031 028.25190.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:6.70%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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