LANDBRUGSSELSKABET VULSEN ApS — Credit Rating and Financial Key Figures

CVR number: 12266987
Bangsmindevej 14, Elling 9900 Frederikshavn

Credit rating

Company information

Official name
LANDBRUGSSELSKABET VULSEN ApS
Established
1988
Domicile
Elling
Company form
Private limited company
Industry

About LANDBRUGSSELSKABET VULSEN ApS

LANDBRUGSSELSKABET VULSEN ApS (CVR number: 12266987) is a company from FREDERIKSHAVN. The company recorded a gross profit of 133.1 kDKK in 2023. The operating profit was 89.1 kDKK, while net earnings were 26 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 65.8 %, 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. LANDBRUGSSELSKABET VULSEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit403.13196.35380.94144.69133.15
EBIT359.07152.29336.88100.6389.09
Net earnings235.8378.37224.7549.1125.97
Shareholders equity total1 209.581 287.961 512.711 561.821 587.79
Balance sheet total (assets)2 553.422 510.072 646.512 442.252 414.19
Net debt1 118.551 045.85896.35674.26678.49
Profitability
EBIT-%
ROA13.9 %6.0 %13.1 %4.0 %3.7 %
ROE21.6 %6.3 %16.0 %3.2 %1.6 %
ROI15.1 %6.5 %14.2 %4.3 %4.0 %
Economic value added (EVA)197.4631.08180.36-7.26-10.37
Solvency
Equity ratio47.4 %51.3 %57.2 %64.0 %65.8 %
Gearing92.5 %81.2 %59.3 %43.2 %42.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.10.1
Current ratio0.00.00.20.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:3.67%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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