LANDBRUGSSELSKABET VULSEN ApS — Credit Rating and Financial Key Figures

CVR number: 12266987
Bangsmindevej 14, Elling 9900 Frederikshavn
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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 47.2 kDKK in 2024. The operating profit was 3.2 kDKK, while net earnings were -43.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit196.35380.94144.69133.1547.24
EBIT152.29336.88100.6389.093.18
Net earnings78.37224.7549.1125.97-43.66
Shareholders equity total1 287.961 512.711 561.821 587.791 544.12
Balance sheet total (assets)2 510.072 646.512 442.252 414.192 375.66
Net debt1 045.85896.35674.26678.49510.13
Profitability
EBIT-%
ROA6.0 %13.1 %4.0 %3.7 %0.1 %
ROE6.3 %16.0 %3.2 %1.6 %-2.8 %
ROI6.5 %14.2 %4.3 %4.0 %0.1 %
Economic value added (EVA)0.50145.39-42.75-44.26- 110.70
Solvency
Equity ratio51.3 %57.2 %64.0 %65.8 %65.0 %
Gearing81.2 %59.3 %43.2 %42.7 %33.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.10.10.1
Current ratio0.00.20.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.13%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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