L.T.J. HANDEL - INVEST ApS
Credit rating
Company information
About L.T.J. HANDEL - INVEST ApS
L.T.J. HANDEL - INVEST ApS (CVR number: 28855729) is a company from HORSENS. The company recorded a gross profit of 81.1 kDKK in 2023. The operating profit was -276.2 kDKK, while net earnings were -526.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -16.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. L.T.J. HANDEL - INVEST ApS's liquidity measured by quick ratio was 10.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 438.34 | 288.36 | 242.46 | 115.07 | 81.13 |
EBIT | 45.08 | -53.39 | - 114.56 | - 242.79 | - 276.25 |
Net earnings | -77.44 | -61.44 | -96.16 | - 399.30 | - 526.28 |
Shareholders equity total | 4 189.97 | 4 073.23 | 3 920.57 | 3 464.07 | 2 878.89 |
Balance sheet total (assets) | 6 284.20 | 6 089.27 | 5 784.38 | 5 267.71 | 4 606.83 |
Net debt | -1 315.54 | -1 292.03 | -1 147.93 | - 647.20 | - 126.84 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | -0.8 % | -0.9 % | -1.7 % | -3.7 % |
ROE | -1.8 % | -1.5 % | -2.4 % | -10.8 % | -16.6 % |
ROI | 1.0 % | -0.9 % | -0.9 % | -1.7 % | -3.8 % |
Economic value added (EVA) | - 111.21 | - 187.89 | - 232.74 | - 327.63 | - 411.00 |
Solvency | |||||
Equity ratio | 66.7 % | 66.9 % | 67.8 % | 65.8 % | 62.5 % |
Gearing | 45.6 % | 44.5 % | 43.7 % | 46.5 % | 53.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.3 | 14.5 | 16.9 | 11.8 | 10.3 |
Current ratio | 17.4 | 15.5 | 18.1 | 12.8 | 11.4 |
Cash and cash equivalents | 3 227.41 | 3 103.93 | 2 862.31 | 2 259.13 | 1 673.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BB |
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