BETTY & ERLING LERCHE-SIMONSEN ApS — Credit Rating and Financial Key Figures

CVR number: 19232433
Hovvej 22, Håre 5591 Gelsted
g.lerchesimonsen@icloud.com
tel: 40128699

Company information

Official name
BETTY & ERLING LERCHE-SIMONSEN ApS
Established
1996
Domicile
Håre
Company form
Private limited company
Industry

About BETTY & ERLING LERCHE-SIMONSEN ApS

BETTY & ERLING LERCHE-SIMONSEN ApS (CVR number: 19232433) is a company from MIDDELFART. The company recorded a gross profit of -8.2 kDKK in 2024. The operating profit was -8.2 kDKK, while net earnings were -29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. BETTY & ERLING LERCHE-SIMONSEN ApS's liquidity measured by quick ratio was 2.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-3.75-12.50-9.20-6.95-8.19
EBIT-3.75-12.50-9.20-6.95-8.19
Net earnings-1 527.88- 130.86-6.8714.03-29.06
Shareholders equity total333.93203.06196.20210.23181.17
Balance sheet total (assets)4 690.924 692.564 621.604 582.614 584.41
Net debt44.22-7.7243.05-1.10-1.41
Profitability
EBIT-%
ROA-32.7 %-2.6 %0.0 %1.0 %-0.4 %
ROE-139.2 %-48.7 %-3.4 %6.9 %-14.9 %
ROI-54.9 %-4.4 %0.1 %1.7 %-0.7 %
Economic value added (EVA)- 142.57- 151.77- 148.52- 146.49- 147.92
Solvency
Equity ratio7.1 %4.3 %4.2 %4.6 %4.0 %
Gearing13.2 %21.8 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.42.42.52.5
Current ratio2.42.42.42.52.5
Cash and cash equivalents52.061.501.101.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-0.45%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.95%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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