LOGSTOR DENMARK HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35375627
Danmarksvej 11, 9670 Løgstør

Credit rating

Company information

Official name
LOGSTOR DENMARK HOLDING ApS
Personnel
290 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon24Manufacture of basic metals

About LOGSTOR DENMARK HOLDING ApS

LOGSTOR DENMARK HOLDING ApS (CVR number: 35375627) is a company from VESTHIMMERLANDS. The company reported a net sales of 1217.5 mDKK in 2023, demonstrating a growth of 4.2 % compared to the previous year. The operating profit percentage was at 18.1 % (EBIT: 220.8 mDKK), while net earnings were 278 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 27.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. LOGSTOR DENMARK HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales651.09717.441 168.421 217.52
Gross profit20.97263.15242.40327.06417.16
EBIT0.7599.1436.69143.71220.79
Net earnings208.49-70.50119.18151.47277.96
Shareholders equity total178.22186.67850.491 003.361 013.95
Balance sheet total (assets)906.01990.051 119.201 292.541 510.05
Net debt602.15411.90-56.7476.23316.97
Profitability
EBIT-%15.2 %5.1 %12.3 %18.1 %
ROA26.0 %-2.2 %14.8 %15.1 %24.1 %
ROE103.0 %-38.6 %23.0 %16.3 %27.6 %
ROI26.3 %-2.3 %16.5 %16.9 %26.9 %
Economic value added (EVA)-8.6076.5330.40107.24141.77
Solvency
Equity ratio19.7 %18.9 %76.0 %77.6 %67.1 %
Gearing403.4 %354.9 %14.7 %8.7 %32.4 %
Relative net indebtedness %82.0 %6.9 %20.8 %37.2 %
Liquidity
Quick ratio2.41.91.51.71.8
Current ratio2.42.32.22.52.1
Cash and cash equivalents116.69250.67181.7311.4811.76
Capital use efficiency
Trade debtors turnover (days)8.722.521.819.6
Net working capital %40.3 %37.0 %33.2 %41.1 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.1%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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