LANDBOCENTER MIDT A/S — Credit Rating and Financial Key Figures

CVR number: 18712210
Asmildklostervej 11, 8800 Viborg

Company information

Official name
LANDBOCENTER MIDT A/S
Established
1966
Company form
Limited company
Industry

About LANDBOCENTER MIDT A/S

LANDBOCENTER MIDT A/S (CVR number: 18712210) is a company from VIBORG. The company recorded a gross profit of 3473.3 kDKK in 2024. The operating profit was 3029.4 kDKK, while net earnings were 1469 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. LANDBOCENTER MIDT A/S's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 026.143 073.223 234.463 580.533 473.34
EBIT2 683.102 730.172 890.503 186.743 029.44
Net earnings1 474.941 601.831 735.551 530.071 469.01
Shareholders equity total23 768.4819 570.3121 305.8522 835.9224 304.93
Balance sheet total (assets)78 198.0073 376.2173 963.3876 454.5476 593.69
Net debt46 866.1350 407.6749 814.2047 313.1047 489.98
Profitability
EBIT-%
ROA3.2 %3.7 %3.9 %4.3 %4.0 %
ROE5.3 %7.4 %8.5 %6.9 %6.2 %
ROI3.2 %3.8 %4.0 %4.4 %4.1 %
Economic value added (EVA)-1 922.89-1 392.77-1 083.67-1 235.30-1 147.17
Solvency
Equity ratio30.4 %26.7 %28.8 %29.9 %31.7 %
Gearing222.4 %266.7 %241.9 %223.5 %207.9 %
Relative net indebtedness %
Liquidity
Quick ratio4.01.21.91.61.9
Current ratio4.01.21.91.61.9
Cash and cash equivalents6 004.161 782.361 724.423 719.003 033.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.98%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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