LYKKEGAARD HORSETRADING ApS — Credit Rating and Financial Key Figures

CVR number: 34702381
Linnetvej 157, Skærup Skov 7100 Vejle
birgit@lykkegaard.com
tel: 28299521

Credit rating

Company information

Official name
LYKKEGAARD HORSETRADING ApS
Established
2012
Domicile
Skærup Skov
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LYKKEGAARD HORSETRADING ApS

LYKKEGAARD HORSETRADING ApS (CVR number: 34702381) is a company from VEJLE. The company recorded a gross profit of 463.8 kDKK in 2024. The operating profit was 463.8 kDKK, while net earnings were 360.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.1 %, which can be considered excellent and Return on Equity (ROE) was 117.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LYKKEGAARD HORSETRADING ApS's liquidity measured by quick ratio was 0.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-12.07414.76224.7323.19463.81
EBIT-12.07414.76224.7323.19463.81
Net earnings-12.56322.37175.5118.11360.79
Shareholders equity total106.22428.59259.10127.21488.00
Balance sheet total (assets)502.97807.71788.811 031.64993.24
Net debt344.83-10.81-85.07287.94340.42
Profitability
EBIT-%
ROA-2.0 %63.3 %28.5 %2.5 %47.1 %
ROE-5.0 %120.6 %51.0 %9.4 %117.3 %
ROI-2.3 %82.7 %48.6 %5.0 %69.8 %
Economic value added (EVA)-10.95323.09158.4217.86359.48
Solvency
Equity ratio21.1 %53.1 %32.8 %12.3 %49.1 %
Gearing364.1 %19.1 %65.3 %290.5 %78.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.91.60.10.1
Current ratio1.32.81.61.12.5
Cash and cash equivalents41.9292.57254.1981.6442.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:47.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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