LANDET BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 42231517
Skovballevej 20, Tåsinge 5700 Svendborg

Credit rating

Company information

Official name
LANDET BRUGSFORENING
Personnel
17 persons
Established
1905
Domicile
Tåsinge
Industry

About LANDET BRUGSFORENING

LANDET BRUGSFORENING (CVR number: 42231517) is a company from SVENDBORG. The company recorded a gross profit of 2236.8 kDKK in 2024. The operating profit was -2063.4 kDKK, while net earnings were -1608 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.2 %, which can be considered poor and Return on Equity (ROE) was -35 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. LANDET BRUGSFORENING's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 286.003 094.002 149.652 407.902 236.80
EBIT93.00-42.00- 899.89- 475.06-2 063.45
Net earnings164.006.00- 779.43- 204.12-1 607.99
Shareholders equity total6 340.006 348.005 592.405 397.893 798.78
Balance sheet total (assets)7 517.007 543.007 686.467 928.285 882.45
Net debt-2 343.30-2 090.72-1 633.09
Profitability
EBIT-%
ROA1.2 %-0.6 %-9.3 %-2.6 %-23.2 %
ROE2.6 %0.1 %-13.1 %-3.7 %-35.0 %
ROI1.2 %-0.6 %-10.7 %-3.7 %-34.8 %
Economic value added (EVA)- 217.09- 360.58-1 070.25- 756.13-2 334.69
Solvency
Equity ratio100.0 %100.0 %72.8 %68.1 %64.6 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.1
Current ratio2.11.81.8
Cash and cash equivalents2 344.352 090.721 633.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-23.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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