UDVIKLINGSSELSKABET LOKE A/S — Credit Rating and Financial Key Figures

CVR number: 35843698
Stavangervej 13, 4900 Nakskov

Credit rating

Company information

Official name
UDVIKLINGSSELSKABET LOKE A/S
Personnel
1 person
Established
2014
Company form
Limited company
Industry
  • Expand more icon72Scientific research and development

About UDVIKLINGSSELSKABET LOKE A/S

UDVIKLINGSSELSKABET LOKE A/S (CVR number: 35843698) is a company from LOLLAND. The company recorded a gross profit of 354.1 kDKK in 2023. The operating profit was 299.6 kDKK, while net earnings were 760.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. UDVIKLINGSSELSKABET LOKE A/S's liquidity measured by quick ratio was 13.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 140.74- 195.13- 394.81- 292.85354.07
EBIT- 283.79- 276.38- 475.81- 378.04299.62
Net earnings-75.54-99.79- 367.13- 183.17760.48
Shareholders equity total13 009.7612 909.9712 542.8412 359.6613 120.14
Balance sheet total (assets)13 023.0913 103.7812 587.2212 443.2613 230.01
Net debt-1 461.78-1 301.72- 649.66- 333.56-1 442.83
Profitability
EBIT-%
ROA-0.6 %-0.9 %-2.8 %-1.4 %6.0 %
ROE-0.6 %-0.8 %-2.9 %-1.5 %6.0 %
ROI-0.6 %-0.9 %-2.8 %-1.4 %6.0 %
Economic value added (EVA)- 750.15- 795.87-1 056.81- 975.03- 302.18
Solvency
Equity ratio99.9 %98.5 %99.6 %99.3 %99.2 %
Gearing0.4 %0.1 %0.4 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio135.18.924.58.913.9
Current ratio135.18.924.58.913.9
Cash and cash equivalents1 461.781 347.63662.47383.561 505.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:5.96%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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