Lollands Erhvervs- og Turismeudviklingsfond — Credit Rating and Financial Key Figures

CVR number: 40892206
Kidnakken 7, 4930 Maribo
tel: 70228901
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Credit rating

Company information

Official name
Lollands Erhvervs- og Turismeudviklingsfond
Established
2019
Industry

About Lollands Erhvervs- og Turismeudviklingsfond

Lollands Erhvervs- og Turismeudviklingsfond (CVR number: 40892206) is a company from LOLLAND. The company recorded a gross profit of -13.5 kDKK in 2024. The operating profit was -13.5 kDKK, while net earnings were 9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lollands Erhvervs- og Turismeudviklingsfond's liquidity measured by quick ratio was 100.3 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
2020
2021
2022
2023
2024
Volume
Net sales1 000.00
Gross profit543.99-4.46990.82-12.54-13.47
EBIT543.99-4.46990.82-12.54-13.47
Net earnings542.47-11.06989.524.349.50
Shareholders equity total842.47831.411 820.931 825.271 834.78
Balance sheet total (assets)847.47836.411 826.931 832.271 842.78
Net debt- 847.47- 795.16- 786.93- 175.39- 164.26
Profitability
EBIT-%99.1 %
ROA64.2 %-0.5 %74.4 %0.2 %0.5 %
ROE64.4 %-1.3 %74.6 %0.2 %0.5 %
ROI64.6 %-0.5 %74.7 %0.2 %0.5 %
Economic value added (EVA)543.99-46.80949.05- 104.04- 105.19
Solvency
Equity ratio99.4 %99.4 %99.7 %99.6 %99.6 %
Gearing
Relative net indebtedness %-78.1 %
Liquidity
Quick ratio169.5159.2297.8113.2100.3
Current ratio169.5159.2297.8113.2100.3
Cash and cash equivalents847.47795.16786.93175.39164.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %178.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.52%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 93/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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