LACTIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LACTIC ApS
LACTIC ApS (CVR number: 26322308) is a company from VEJLE. The company recorded a gross profit of -34.2 kDKK in 2019. The operating profit was -34.2 kDKK, while net earnings were -23 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.9 %, which can be considered poor and Return on Equity (ROE) was -31.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.7 %, 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. LACTIC ApS's liquidity measured by quick ratio was 2.4 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 3.19 | 4.65 | -34.21 | |
| EBIT | 3.19 | 4.65 | -34.21 | |
| Net earnings | 6.19 | 7.32 | -22.97 | |
| Shareholders equity total | 86.19 | 87.31 | 57.02 | |
| Balance sheet total (assets) | 110.58 | 98.02 | 98.80 | |
| Net debt | 0.52 | 0.06 | -9.20 | |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 7.2 % | 9.0 % | -29.9 % | |
| ROE | 7.2 % | 8.4 % | -31.8 % | |
| ROI | 9.2 % | 10.8 % | -40.3 % | |
| Economic value added (EVA) | 2.49 | -0.70 | -31.07 | |
| Solvency | ||||
| Equity ratio | 77.9 % | 89.1 % | 57.7 % | |
| Gearing | 0.6 % | 0.1 % | 3.3 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 4.5 | 9.2 | 2.4 | |
| Current ratio | 4.5 | 9.2 | 2.4 | |
| Cash and cash equivalents | 0.01 | 11.07 | ||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | BB | BB | BB |
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