Art Barns Lolland-fonden — Credit Rating and Financial Key Figures

CVR number: 42263036
Havnegade 35, 4900 Nakskov

Credit rating

Company information

Official name
Art Barns Lolland-fonden
Personnel
1 person
Established
2021
Industry
  • Expand more icon91Libraries, archives, museums and other cultural activities

About Art Barns Lolland-fonden

Art Barns Lolland-fonden (CVR number: 42263036) is a company from LOLLAND. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a decline of -37 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 0 mDKK), while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. Art Barns Lolland-fonden's liquidity measured by quick ratio was 2.5 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
202120222023
Volume
Net sales620.001 930.001 215.00
Gross profit514.38949.85963.57
EBIT6.3776.2923.82
Net earnings0.9166.360.62
Shareholders equity total300.91367.26367.88
Balance sheet total (assets)1 191.091 046.601 254.68
Net debt- 590.49- 443.48- 650.70
Profitability
EBIT-%1.0 %4.0 %2.0 %
ROA0.5 %6.8 %2.1 %
ROE0.3 %19.9 %0.2 %
ROI2.1 %22.8 %6.5 %
Economic value added (EVA)6.3790.8527.65
Solvency
Equity ratio25.3 %35.1 %29.3 %
Gearing
Relative net indebtedness %48.3 %12.2 %19.4 %
Liquidity
Quick ratio1.25.82.5
Current ratio1.25.82.5
Cash and cash equivalents590.49443.48650.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %16.3 %19.3 %32.4 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:2.07%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Chief executive officer

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