LIFE Fonden — Credit Rating and Financial Key Figures

CVR number: 41899247
Biologiens Vej 5, 2800 Kongens Lyngby
www.life.dk

Credit rating

Company information

Official name
LIFE Fonden
Established
2020
Industry

About LIFE Fonden

LIFE Fonden (CVR number: 41899247K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 179.7 mDKK in 2023, demonstrating a growth of 10.7 % compared to the previous year. The operating profit percentage was at 118.6 % (EBIT: 213 mDKK), while net earnings were 213.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 52.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LIFE Fonden's liquidity measured by quick ratio was 20.4 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
Volume
Net sales125.77162.29179.68
Gross profit351.12451.92298.44
EBIT291.61371.01213.01
Net earnings290.59369.80213.17
Shareholders equity total184.93392.44425.93
Balance sheet total (assets)217.59417.26449.42
Net debt-36.69-40.04
Profitability
EBIT-%231.9 %228.6 %118.6 %
ROA134.0 %116.9 %49.3 %
ROE157.1 %128.1 %52.1 %
ROI134.0 %121.7 %52.2 %
Economic value added (EVA)291.61360.62192.89
Solvency
Equity ratio100.0 %94.1 %94.8 %
Gearing
Relative net indebtedness %-7.3 %-9.2 %
Liquidity
Quick ratio17.320.4
Current ratio17.320.4
Cash and cash equivalents36.6940.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %230.3 %229.1 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:49.3%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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