Limfjords Danske Rodfrugter A/S — Credit Rating and Financial Key Figures

CVR number: 40230785
Gadekærsvej 33, Sejlflod 9280 Storvorde

Credit rating

Company information

Official name
Limfjords Danske Rodfrugter A/S
Personnel
22 persons
Established
2019
Domicile
Sejlflod
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Limfjords Danske Rodfrugter A/S

Limfjords Danske Rodfrugter A/S (CVR number: 40230785) is a company from AALBORG. The company recorded a gross profit of 29.1 mDKK in 2023. The operating profit was 19.7 mDKK, while net earnings were 14.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 72.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Limfjords Danske Rodfrugter A/S's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit19 838.7223 917.7222 518.9121 796.9529 086.06
EBIT4 069.846 219.881 638.931 789.6019 689.19
Net earnings2 820.744 127.52458.09409.0414 870.57
Shareholders equity total12 820.7414 148.2612 556.3512 965.3927 835.97
Balance sheet total (assets)93 573.1394 486.16110 728.90112 553.20109 502.92
Net debt66 498.2054 467.3567 556.6971 834.1153 782.83
Profitability
EBIT-%
ROA5.2 %6.9 %1.6 %1.7 %18.2 %
ROE22.0 %30.6 %3.4 %3.2 %72.9 %
ROI6.1 %8.4 %2.0 %1.9 %20.2 %
Economic value added (EVA)3 165.282 541.16-1 017.66- 922.3713 164.23
Solvency
Equity ratio13.7 %15.0 %11.3 %11.5 %25.4 %
Gearing518.7 %385.0 %538.0 %554.0 %193.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.30.4
Current ratio0.90.90.91.01.4
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.4%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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