LK Invest, Kolding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LK Invest, Kolding ApS
LK Invest, Kolding ApS (CVR number: 32841910) is a company from KOLDING. The company recorded a gross profit of -15.5 kDKK in 2020. The operating profit was -15.5 kDKK, while net earnings were -18.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LK Invest, Kolding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 11 224.08 | ||||
Gross profit | 5 182.83 | 5 505.86 | 5 601.11 | 1 417.30 | -15.54 |
EBIT | 1 203.13 | 1 065.24 | 1 048.97 | 11 434.92 | -15.54 |
Net earnings | 927.09 | 822.03 | 808.80 | 8 910.86 | -18.15 |
Shareholders equity total | 1 786.23 | 1 778.26 | 1 087.06 | 897.92 | 129.77 |
Balance sheet total (assets) | 3 779.78 | 3 803.91 | 2 755.96 | 1 317.92 | 501.22 |
Net debt | -2 416.70 | -2 282.07 | -1 092.34 | -46.82 | - 423.22 |
Profitability | |||||
EBIT-% | 9.3 % | ||||
ROA | 31.8 % | 28.1 % | 32.0 % | 561.4 % | -1.7 % |
ROE | 51.9 % | 46.1 % | 56.5 % | 897.8 % | -3.5 % |
ROI | 65.8 % | 58.5 % | 71.9 % | 1141.7 % | -3.0 % |
Economic value added (EVA) | 934.54 | 861.71 | 838.55 | 8 919.54 | -58.31 |
Solvency | |||||
Equity ratio | 47.3 % | 46.7 % | 39.4 % | 68.1 % | 25.9 % |
Gearing | |||||
Relative net indebtedness % | 5.0 % | ||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 1.3 | 3.1 | 1.3 |
Current ratio | 1.5 | 1.6 | 1.3 | 3.1 | 1.3 |
Cash and cash equivalents | 2 416.70 | 2 282.07 | 1 092.34 | 46.82 | 423.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.4 | ||||
Net working capital % | 4.5 % | ||||
Credit risk | |||||
Credit rating | A | A | BBB | C | B |
Variable visualization
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