LB HOLDING NØRRESUNDBY ApS — Credit Rating and Financial Key Figures

CVR number: 35826181
Voerbjergvej 28, 9400 Nørresundby

Credit rating

Company information

Official name
LB HOLDING NØRRESUNDBY ApS
Established
2014
Company form
Private limited company
Industry

About LB HOLDING NØRRESUNDBY ApS

LB HOLDING NØRRESUNDBY ApS (CVR number: 35826181) is a company from AALBORG. The company recorded a gross profit of -135.4 kDKK in 2023. The operating profit was -237.2 kDKK, while net earnings were 604.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LB HOLDING NØRRESUNDBY 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 sales1 220.73
Gross profit-63.24- 206.191 143.83- 181.27- 135.42
EBIT- 158.31- 228.611 079.75- 245.35- 237.25
Net earnings681.851 230.031 013.79787.38604.63
Shareholders equity total4 005.684 670.715 134.505 063.635 368.26
Balance sheet total (assets)5 464.696 204.726 455.267 869.067 985.17
Net debt1 441.171 424.281 198.74726.56605.10
Profitability
EBIT-%88.5 %
ROA14.1 %22.3 %17.1 %11.4 %9.0 %
ROE17.4 %28.4 %20.7 %15.4 %11.6 %
ROI14.1 %22.4 %17.1 %13.2 %11.9 %
Economic value added (EVA)- 419.92- 502.83768.46- 568.10- 534.40
Solvency
Equity ratio73.3 %75.3 %79.5 %64.3 %67.2 %
Gearing36.2 %32.6 %25.1 %16.8 %12.3 %
Relative net indebtedness %100.8 %
Liquidity
Quick ratio0.70.63.20.30.2
Current ratio0.70.63.20.30.3
Cash and cash equivalents10.3499.8089.66123.2456.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %5.8 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:8.96%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.2%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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