FONDEN LØGSTØR ERHVERVS INVEST — Credit Rating and Financial Key Figures

CVR number: 21522473
Grønnegade 8, 9670 Løgstør
leif@oersnaes.com
tel: 98672010

Credit rating

Company information

Official name
FONDEN LØGSTØR ERHVERVS INVEST
Established
1999
Industry

About FONDEN LØGSTØR ERHVERVS INVEST

FONDEN LØGSTØR ERHVERVS INVEST (CVR number: 21522473) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -44.4 kDKK in 2023. The operating profit was -44.4 kDKK, while net earnings were 23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FONDEN LØGSTØR ERHVERVS INVEST's liquidity measured by quick ratio was 14.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-14.49-13.33-15.00-18.33-44.41
EBIT-14.49-13.33-15.00-18.33-44.41
Net earnings7.36- 191.41247.06- 113.1323.69
Shareholders equity total1 674.961 483.551 730.601 959.962 224.03
Balance sheet total (assets)1 711.571 495.641 743.741 975.482 239.58
Net debt-96.81-86.40- 117.11- 122.32- 214.83
Profitability
EBIT-%
ROA0.5 %-10.5 %15.3 %-6.1 %1.1 %
ROE0.4 %-12.1 %15.4 %-6.1 %1.1 %
ROI0.5 %-10.6 %15.4 %-6.1 %1.1 %
Economic value added (EVA)-25.27-22.11-29.53-26.27-41.00
Solvency
Equity ratio97.9 %99.2 %99.2 %99.2 %99.3 %
Gearing1.5 %0.1 %0.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.47.39.08.114.1
Current ratio3.47.39.08.114.1
Cash and cash equivalents122.5287.59118.34123.59216.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.14%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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