LOGSTOR DENMARK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 651.09 | 717.44 | 1 168.42 | 1 217.52 | |
Gross profit | 20.97 | 263.15 | 242.40 | 327.06 | 417.16 |
EBIT | 0.75 | 99.14 | 36.69 | 143.71 | 220.79 |
Net earnings | 208.49 | -70.50 | 119.18 | 151.47 | 277.96 |
Shareholders equity total | 178.22 | 186.67 | 850.49 | 1 003.36 | 1 013.95 |
Balance sheet total (assets) | 906.01 | 990.05 | 1 119.20 | 1 292.54 | 1 510.05 |
Net debt | 602.15 | 411.90 | -56.74 | 76.23 | 316.97 |
Profitability | |||||
EBIT-% | 15.2 % | 5.1 % | 12.3 % | 18.1 % | |
ROA | 26.0 % | -2.2 % | 14.8 % | 15.1 % | 24.1 % |
ROE | 103.0 % | -38.6 % | 23.0 % | 16.3 % | 27.6 % |
ROI | 26.3 % | -2.3 % | 16.5 % | 16.9 % | 26.9 % |
Economic value added (EVA) | -8.60 | 76.53 | 30.40 | 107.24 | 141.77 |
Solvency | |||||
Equity ratio | 19.7 % | 18.9 % | 76.0 % | 77.6 % | 67.1 % |
Gearing | 403.4 % | 354.9 % | 14.7 % | 8.7 % | 32.4 % |
Relative net indebtedness % | 82.0 % | 6.9 % | 20.8 % | 37.2 % | |
Liquidity | |||||
Quick ratio | 2.4 | 1.9 | 1.5 | 1.7 | 1.8 |
Current ratio | 2.4 | 2.3 | 2.2 | 2.5 | 2.1 |
Cash and cash equivalents | 116.69 | 250.67 | 181.73 | 11.48 | 11.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 8.7 | 22.5 | 21.8 | 19.6 | |
Net working capital % | 40.3 % | 37.0 % | 33.2 % | 41.1 % | |
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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