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

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

Official name
K/S ÅGADE 10, 7620 LEMVIG
Established
2005
Company form
Limited partnership
Industry

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 2024, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 92.9 % (EBIT: 0.7 mDKK), while net earnings were 406.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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 6.2 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
2020
2021
2022
2023
2024
Volume
Net sales859.34768.46747.71735.72714.70
Gross profit680.96589.33589.88576.94564.21
EBIT- 919.04589.33489.88476.94664.21
Net earnings-1 170.89354.22265.38169.16406.60
Shareholders equity total10 036.1310 390.3510 655.7310 824.8911 231.49
Balance sheet total (assets)15 909.2715 493.0914 996.9014 439.9614 071.12
Net debt2 422.002 140.381 681.501 249.53712.49
Profitability
EBIT-%-106.9 %76.7 %65.5 %64.8 %92.9 %
ROA-5.5 %3.8 %3.2 %3.2 %4.7 %
ROE-11.0 %3.5 %2.5 %1.6 %3.7 %
ROI-5.5 %3.8 %3.5 %3.9 %5.5 %
Economic value added (EVA)-1 580.38-4.19- 100.62- 101.2499.21
Solvency
Equity ratio63.1 %67.1 %71.1 %75.0 %79.8 %
Gearing24.4 %20.6 %16.2 %12.0 %7.5 %
Relative net indebtedness %680.1 %664.0 %574.9 %484.5 %378.9 %
Liquidity
Quick ratio9.68.07.36.86.2
Current ratio9.68.07.36.86.2
Cash and cash equivalents28.3742.6550.55131.41
Capital use efficiency
Trade debtors turnover (days)1.2
Net working capital %803.7 %830.8 %795.2 %745.8 %699.9 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.66%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-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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