LYKKEGAARD LANDBRUG HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYKKEGAARD LANDBRUG HOLDING ApS
LYKKEGAARD LANDBRUG HOLDING ApS (CVR number: 29198144) is a company from Brønderslev. The company recorded a gross profit of -35.6 kDKK in 2023. The operating profit was -35.6 kDKK, while net earnings were 114 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. LYKKEGAARD LANDBRUG HOLDING ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.37 | -17.94 | -17.63 | -19.56 | -35.60 |
EBIT | -20.37 | -17.94 | -17.63 | -19.56 | -35.60 |
Net earnings | 3 616.80 | 3 233.24 | 2 367.61 | 15 587.23 | 113.96 |
Shareholders equity total | 27 608.56 | 30 731.19 | 32 985.80 | 48 459.04 | 50 681.29 |
Balance sheet total (assets) | 34 471.98 | 34 148.58 | 40 544.25 | 73 224.34 | 76 392.34 |
Net debt | 6 727.47 | 3 296.31 | 7 457.66 | 21 710.44 | 23 060.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.9 % | 10.2 % | 7.0 % | 29.0 % | 3.5 % |
ROE | 14.0 % | 11.1 % | 7.4 % | 38.3 % | 0.2 % |
ROI | 12.1 % | 10.2 % | 7.0 % | 29.8 % | 3.7 % |
Economic value added (EVA) | - 708.33 | - 703.50 | - 912.57 | -1 111.86 | 1 084.25 |
Solvency | |||||
Equity ratio | 80.1 % | 90.0 % | 81.4 % | 66.2 % | 66.3 % |
Gearing | 24.6 % | 10.9 % | 22.7 % | 44.9 % | 45.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 4.1 | 2.8 | 0.8 | 2.4 |
Current ratio | 2.1 | 4.1 | 2.8 | 0.8 | 2.4 |
Cash and cash equivalents | 75.24 | 59.61 | 38.53 | 64.42 | 223.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
Variable visualization
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