LOCAL EYES FONDET — Credit Rating and Financial Key Figures

CVR number: 21030880
Lille Istedgade 5, 1706 København V
localeyes@localeyes.dk
tel: 42439730

Company information

Official name
LOCAL EYES FONDET
Personnel
2 persons
Established
1999
Industry

About LOCAL EYES FONDET

LOCAL EYES FONDET (CVR number: 21030880) is a company from KØBENHAVN. The company recorded a gross profit of 571.1 kDKK in 2024. The operating profit was 40.5 kDKK, while net earnings were 29 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LOCAL EYES FONDET's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit419.90267.37499.73291.70571.13
EBIT-13.20- 185.25187.06- 225.5040.48
Net earnings3.28- 150.50143.42- 182.5828.97
Shareholders equity total527.90377.39520.82338.24367.21
Balance sheet total (assets)961.70664.31833.58538.67537.15
Net debt- 135.77-26.12- 151.85-8.14-82.40
Profitability
EBIT-%
ROA-1.4 %-22.8 %25.0 %-32.9 %7.5 %
ROE0.6 %-33.2 %31.9 %-42.5 %8.2 %
ROI-2.3 %-39.0 %39.1 %-49.3 %11.2 %
Economic value added (EVA)-38.64- 176.47126.80- 207.8514.34
Solvency
Equity ratio54.9 %56.8 %62.5 %62.8 %68.4 %
Gearing0.1 %2.2 %0.2 %2.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.31.00.30.9
Current ratio0.70.31.00.30.9
Cash and cash equivalents135.7726.32163.498.8692.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.53%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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