L.W. Almind Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38737325
Nordre Ringvej 17, 7000 Fredericia
lars@nordisktivoli.com
tel: 40401315

Company information

Official name
L.W. Almind Ejendomme ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About L.W. Almind Ejendomme ApS

L.W. Almind Ejendomme ApS (CVR number: 38737325) is a company from FREDERICIA. The company recorded a gross profit of 927.6 kDKK in 2023. The operating profit was 425.5 kDKK, while net earnings were 170.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.3 %, 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. L.W. Almind Ejendomme 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 073.351 209.64959.98796.69927.62
EBIT979.431 116.30514.89248.97425.52
Net earnings761.92887.04360.57132.77170.35
Shareholders equity total5 164.681 051.721 412.291 545.051 715.40
Balance sheet total (assets)13 050.629 074.689 360.439 033.238 900.86
Net debt6 792.886 503.596 455.206 365.136 146.73
Profitability
EBIT-%
ROA8.2 %10.7 %5.7 %2.9 %5.0 %
ROE15.9 %28.5 %29.3 %9.0 %10.4 %
ROI8.4 %11.2 %6.0 %3.0 %5.1 %
Economic value added (EVA)188.82289.8638.70- 147.8413.50
Solvency
Equity ratio39.6 %11.6 %15.1 %17.1 %19.3 %
Gearing132.8 %619.2 %489.4 %422.2 %367.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.30.10.40.20.2
Current ratio6.30.10.40.20.2
Cash and cash equivalents67.899.16456.72158.14149.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.96%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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