LIMFJORDENS BIOENERGI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LIMFJORDENS BIOENERGI ApS
LIMFJORDENS BIOENERGI ApS (CVR number: 35378979) is a company from FREDERIKSBERG. The company recorded a gross profit of -8927.9 kDKK in 2023. The operating profit was -10.6 mDKK, while net earnings were -8364.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -16.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LIMFJORDENS BIOENERGI ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 233.99 | 2 761.85 | 28 451.85 | 17 532.69 | -8 927.91 |
EBIT | -1 655.19 | 1 218.81 | 27 011.04 | 15 952.34 | -10 564.82 |
Net earnings | -1 578.82 | 475.71 | 20 639.05 | 12 081.69 | -8 364.19 |
Shareholders equity total | 34 365.53 | 34 841.25 | 51 480.29 | 55 561.98 | 47 197.79 |
Balance sheet total (assets) | 86 252.30 | 83 986.95 | 100 333.63 | 111 518.99 | 86 074.29 |
Net debt | 47 155.88 | 41 295.00 | 27 165.81 | 23 385.36 | 18 995.47 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | 1.4 % | 29.3 % | 15.1 % | -10.5 % |
ROE | -4.5 % | 1.4 % | 47.8 % | 22.6 % | -16.3 % |
ROI | -2.2 % | 1.5 % | 31.6 % | 17.8 % | -12.7 % |
Economic value added (EVA) | -2 888.02 | -2 878.17 | 17 603.91 | 8 738.76 | -11 954.61 |
Solvency | |||||
Equity ratio | 39.8 % | 41.5 % | 51.3 % | 49.8 % | 54.8 % |
Gearing | 139.2 % | 128.4 % | 73.1 % | 58.8 % | 58.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 1.2 | 2.4 | 1.4 | 1.3 |
Current ratio | 0.5 | 1.2 | 2.4 | 1.5 | 1.3 |
Cash and cash equivalents | 682.85 | 3 443.30 | 10 472.90 | 9 262.77 | 8 657.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AA | AA | BBB |
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