Lutze Conveying Denmark ApS
Credit rating
Company information
About Lutze Conveying Denmark ApS
Lutze Conveying Denmark ApS (CVR number: 39918439) is a company from NÆSTVED. The company recorded a gross profit of 3195.2 kDKK in 2023. The operating profit was -285 kDKK, while net earnings were -667.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -30 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -80.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Lutze Conveying Denmark 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 795.04 | 1 692.81 | 1 981.55 | 3 138.68 | 3 195.20 |
EBIT | -4 109.35 | -1 524.54 | -1 266.40 | - 195.72 | - 284.99 |
Net earnings | -4 156.91 | -1 714.75 | -1 563.00 | - 548.85 | - 667.92 |
Shareholders equity total | -4 106.91 | -5 821.66 | -7 384.66 | -7 933.51 | -8 601.43 |
Balance sheet total (assets) | 2 748.95 | 2 009.63 | 2 034.36 | 2 348.26 | 2 104.16 |
Net debt | 5 059.28 | 6 043.84 | 8 018.92 | 8 335.48 | 9 061.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -59.2 % | -20.6 % | -14.6 % | -1.9 % | -2.6 % |
ROE | -151.2 % | -72.1 % | -77.3 % | -25.0 % | -30.0 % |
ROI | -78.5 % | -26.0 % | -17.0 % | -2.2 % | -3.0 % |
Economic value added (EVA) | -4 109.35 | -1 315.67 | - 963.54 | 182.44 | 137.27 |
Solvency | |||||
Equity ratio | -66.3 % | -74.3 % | -78.4 % | -77.2 % | -80.3 % |
Gearing | -124.4 % | -107.3 % | -110.5 % | -111.0 % | -108.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 0.7 | 1.0 | 1.2 | 1.2 |
Current ratio | 1.4 | 1.1 | 1.6 | 1.6 | 1.6 |
Cash and cash equivalents | 49.79 | 205.49 | 141.03 | 469.63 | 297.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | B | B |
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