Lounkær-Fonden — Credit Rating and Financial Key Figures

CVR number: 69016510
Lovnkærgaardvej 14, Visborg 9560 Hadsund
tel: 98585036

Company information

Official name
Lounkær-Fonden
Personnel
2 persons
Established
1999
Domicile
Visborg
Industry

About Lounkær-Fonden

Lounkær-Fonden (CVR number: 69016510) is a company from MARIAGERFJORD. The company recorded a gross profit of 375.1 kDKK in 2023. The operating profit was -249 kDKK, while net earnings were -245.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lounkær-Fonden's liquidity measured by quick ratio was 9.5 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 profit582.451 435.49951.55903.03375.05
EBIT81.43928.79434.13338.97- 249.01
Net earnings-19.10874.82419.71286.66- 245.31
Shareholders equity total66 287.6767 162.4967 382.2067 570.5867 177.85
Balance sheet total (assets)67 667.0968 831.4069 311.1868 925.0468 116.62
Net debt183.44- 469.97- 691.37-1 272.78-1 125.38
Profitability
EBIT-%
ROA-0.0 %1.4 %0.7 %0.5 %-0.3 %
ROE-0.0 %1.3 %0.6 %0.4 %-0.4 %
ROI-0.0 %1.4 %0.7 %0.5 %-0.3 %
Economic value added (EVA)-2 908.85-2 149.99-2 630.02-2 721.58-3 258.31
Solvency
Equity ratio98.0 %97.6 %97.3 %98.1 %98.7 %
Gearing1.5 %1.4 %1.3 %1.2 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.53.05.19.5
Current ratio3.53.42.94.88.6
Cash and cash equivalents811.381 394.561 547.332 065.951 863.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-0.29%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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