K/S ÅGADE 10, 7620 LEMVIG — Credit Rating and Financial Key Figures

CVR number: 28712308
Viengevej 100, 8240 Risskov
agl@aggroup.dk
tel: 87224555

Credit rating

Company information

Official name
K/S ÅGADE 10, 7620 LEMVIG
Established
2005
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S ÅGADE 10, 7620 LEMVIG

K/S ÅGADE 10, 7620 LEMVIG (CVR number: 28712308) is a company from AARHUS. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 64.8 % (EBIT: 0.5 mDKK), while net earnings were 169.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75 %, 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. K/S ÅGADE 10, 7620 LEMVIG's liquidity measured by quick ratio was 6.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales869.11859.34768.46747.71735.72
Gross profit718.32680.96589.33589.88576.94
EBIT718.32- 919.04589.33489.88476.94
Net earnings437.00-1 170.89354.22265.38169.16
Shareholders equity total11 207.0210 036.1310 390.3510 655.7310 824.89
Balance sheet total (assets)17 800.9215 909.2715 493.0914 996.9014 439.96
Net debt2 729.652 422.002 140.381 681.501 249.53
Profitability
EBIT-%82.7 %-106.9 %76.7 %65.5 %64.8 %
ROA4.0 %-5.5 %3.8 %3.2 %3.2 %
ROE4.0 %-11.0 %3.5 %2.5 %1.6 %
ROI4.0 %-5.5 %3.8 %3.5 %3.9 %
Economic value added (EVA)41.57-1 580.38-4.19- 100.62- 101.24
Solvency
Equity ratio63.0 %63.1 %67.1 %71.1 %75.0 %
Gearing24.7 %24.4 %20.6 %16.2 %12.0 %
Relative net indebtedness %754.7 %680.1 %664.0 %574.9 %484.5 %
Liquidity
Quick ratio8.79.68.07.36.8
Current ratio8.79.68.07.36.8
Cash and cash equivalents34.4328.3742.6550.55
Capital use efficiency
Trade debtors turnover (days)1.2
Net working capital %814.8 %803.7 %830.8 %795.2 %745.8 %
Credit risk
Credit ratingAABBBAAA

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.0%
Rating: 56/100
-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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