Landfolk A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Landfolk A/S
Landfolk A/S (CVR number: 42074640) is a company from AARHUS. The company recorded a gross profit of -12303.4 kDKK in 2023. The operating profit was -32.5 mDKK, while net earnings were -30.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was -140.8 %, which can be considered poor and Return on Equity (ROE) was -369.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. Landfolk A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -3 661.73 | -2 974.84 | -12 303.36 |
EBIT | -13 603.48 | -8 957.05 | -32 532.27 |
Net earnings | -10 711.57 | -7 322.60 | -30 742.44 |
Shareholders equity total | 16 766.03 | 9 693.47 | 6 957.23 |
Balance sheet total (assets) | 26 248.48 | 19 176.80 | 26 380.67 |
Net debt | -16 765.49 | -11 316.94 | -16 345.19 |
Profitability | |||
EBIT-% | |||
ROA | -51.8 % | -39.4 % | -140.8 % |
ROE | -63.9 % | -55.3 % | -369.3 % |
ROI | -69.5 % | -55.7 % | -262.0 % |
Economic value added (EVA) | -10 534.81 | -7 220.99 | -30 805.06 |
Solvency | |||
Equity ratio | 63.9 % | 50.5 % | 26.4 % |
Gearing | 16.7 % | 29.9 % | 71.0 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.7 | 2.7 | 1.5 |
Current ratio | 3.7 | 2.7 | 1.5 |
Cash and cash equivalents | 19 565.13 | 14 218.69 | 21 282.50 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BB |
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