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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  24.7% 8.3% 10.6% 7.6% 11.6%  
Credit score (0-100)  4 29 22 31 20  
Credit rating  B BB BB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  925 0 0 0 0  
Gross profit  546 365 203 472 311  
EBITDA  148 -66.8 -17.2 200 48.0  
EBIT  138 -76.3 -26.7 200 48.0  
Pre-tax profit (PTP)  138.2 -79.4 -28.3 198.8 47.3  
Net earnings  107.8 -79.4 -5.0 154.8 36.6  
Pre-tax profit without non-rec. items  138 -79.4 -28.3 199 47.3  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  28.5 19.0 9.5 0.0 0.0  
Shareholders equity total  108 28.9 23.9 179 156  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  220 125 115 326 209  

Net Debt  -150 -56.6 -48.0 -269 -192  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  925 0 0 0 0  
Net sales growth  0.0% -100.0% 0.0% 0.0% 0.0%  
Gross profit  546 365 203 472 311  
Gross profit growth  0.0% -33.1% -44.6% 132.8% -34.0%  
Employees  0 2 2 2 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% -50.0%  
Employee expenses  -398.5 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  220 125 115 326 209  
Balance sheet change%  0.0% -43.2% -8.0% 182.7% -35.9%  
Added value  546.2 -66.8 -17.2 209.4 48.0  
Added value %  59.0% 0.0% 0.0% 0.0% 0.0%  
Investments  19 -19 -19 -10 0  

Net sales trend  0.0 -1.0 0.0 0.0 0.0  
EBIT trend  1.0 -1.0 -2.0 1.0 2.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  16.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  14.9% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  25.3% -20.9% -13.2% 42.4% 15.4%  
Net Earnings %  11.6% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  12.7% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  14.9% 0.0% 0.0% 0.0% 0.0%  
ROA %  62.7% -44.2% -22.2% 90.7% 18.0%  
ROI %  127.6% -111.3% -101.2% 197.3% 28.6%  
ROE %  99.5% -115.8% -18.9% 152.8% 21.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  49.1% 23.1% 20.7% 54.9% 75.0%  
Relative indebtedness %  12.1% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  -4.1% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -101.5% 84.7% 279.2% -134.7% -399.8%  
Gearing %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.5 1.0 1.1 2.2 4.0  
Current Ratio  1.7 1.1 1.2 2.2 4.0  
Cash and cash equivalent  149.9 56.6 48.0 269.2 191.9  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  6.7 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  20.7% 0.0% 0.0% 0.0% 0.0%  
Net working capital  79.8 9.9 14.4 178.7 156.4  
Net working capital %  8.6% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  0 -33 -9 105 48  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 -33 -9 100 48  
EBIT / employee  0 -38 -13 100 48  
Net earnings / employee  0 -40 -2 77 37