Lundsgaard Frugt Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lundsgaard Frugt Aps
Lundsgaard Frugt Aps (CVR number: 35890076) is a company from LANGELAND. The company recorded a gross profit of -6.4 kDKK in 2022. The operating profit was -6.4 kDKK, while net earnings were -8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Lundsgaard Frugt Aps's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 31.89 | 121.58 | 98.44 | 30.73 | -6.43 |
| EBIT | -68.11 | 21.58 | -1.56 | 30.73 | -6.43 |
| Net earnings | -56.66 | 12.64 | -1.66 | 6.95 | -7.97 |
| Shareholders equity total | 234.61 | 247.25 | 245.59 | 182.54 | 134.57 |
| Balance sheet total (assets) | 391.08 | 425.26 | 297.03 | 256.43 | 228.97 |
| Net debt | - 182.08 | - 319.14 | - 150.81 | 14.28 | - 100.27 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -15.5 % | 5.3 % | -0.4 % | 11.1 % | -2.6 % |
| ROE | -19.0 % | 5.2 % | -0.7 % | 3.2 % | -5.0 % |
| ROI | -22.2 % | 9.0 % | -0.6 % | 12.6 % | -2.8 % |
| Economic value added (EVA) | -63.23 | 14.20 | 2.06 | 17.05 | -13.37 |
| Solvency | |||||
| Equity ratio | 60.0 % | 58.1 % | 82.7 % | 71.2 % | 58.8 % |
| Gearing | 32.2 % | 66.4 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.8 | 5.8 | 3.5 | 2.4 |
| Current ratio | 1.2 | 1.8 | 5.8 | 3.5 | 2.4 |
| Cash and cash equivalents | 182.08 | 319.14 | 150.81 | 44.44 | 189.67 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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