FO Lærkeparken A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FO Lærkeparken A/S
FO Lærkeparken A/S (CVR number: 28660642) is a company from KØBENHAVN. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 15.9 mDKK, while net earnings were 248.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 14 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FO Lærkeparken A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 24 556.82 | 25 235.41 | 25 479.04 | ||
Gross profit | 20 194.76 | 15 914.63 | 18 889.22 | 13 292.55 | 15 917.98 |
EBIT | 28 751.21 | 27 756.35 | 29 245.02 | 13 292.55 | 15 902.09 |
Net earnings | 25 669.67 | 26 872.51 | 24 921.53 | -20 644.95 | 248.27 |
Shareholders equity total | 158 462.60 | 85 335.11 | 110 256.64 | 89 611.69 | 89 859.96 |
Balance sheet total (assets) | 639 741.51 | 658 776.59 | 676 746.92 | 650 344.17 | 649 193.86 |
Net debt | 407 603.49 | 491 337.15 | 486 084.86 | 487 212.06 | 488 113.20 |
Profitability | |||||
EBIT-% | 117.1 % | 110.0 % | 114.8 % | ||
ROA | 5.0 % | 4.7 % | 4.8 % | -1.4 % | 2.6 % |
ROE | 17.6 % | 22.0 % | 25.5 % | -20.7 % | 0.3 % |
ROI | 5.1 % | 4.8 % | 4.9 % | -1.4 % | 2.7 % |
Economic value added (EVA) | -4 687.70 | -6 562.80 | -1 269.69 | -14 872.87 | -13 057.67 |
Solvency | |||||
Equity ratio | 25.0 % | 13.1 % | 16.4 % | 13.9 % | 14.0 % |
Gearing | 257.4 % | 581.8 % | 442.2 % | 544.8 % | 543.9 % |
Relative net indebtedness % | 1728.7 % | 2010.4 % | 1968.5 % | ||
Liquidity | |||||
Quick ratio | 7.3 | 1.0 | 1.1 | 1.0 | 0.9 |
Current ratio | 5.3 | 1.0 | 1.0 | 0.9 | 0.9 |
Cash and cash equivalents | 203.78 | 5 111.70 | 1 480.27 | 967.67 | 667.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.6 | 4.0 | 3.4 | ||
Net working capital % | 381.4 % | -19.6 % | -0.1 % | ||
Credit risk | |||||
Credit rating | AAA | AA | AA | BBB | A |
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