LØKKEN STRAND ApS — Credit Rating and Financial Key Figures

CVR number: 25238079
Hølken 12, 9480 Løkken

Credit rating

Company information

Official name
LØKKEN STRAND ApS
Personnel
3 persons
Established
2000
Company form
Private limited company
Industry

About LØKKEN STRAND ApS

LØKKEN STRAND ApS (CVR number: 25238079) is a company from HJØRRING. The company recorded a gross profit of 152.3 kDKK in 2023. The operating profit was 106.4 kDKK, while net earnings were 69.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21.4 %, 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. LØKKEN STRAND ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales476.16560.00428.44
Gross profit397.55494.18279.99235.53152.31
EBIT590.60284.76684.99- 131.16106.40
Net earnings440.65145.12552.75-56.7969.29
Shareholders equity total622.36767.481 320.241 228.711 314.83
Balance sheet total (assets)7 710.557 740.224 432.083 843.526 134.20
Net debt6 436.896 271.291 274.931 742.734 586.71
Profitability
EBIT-%124.0 %50.8 %159.9 %
ROA9.0 %3.7 %11.3 %-2.0 %3.2 %
ROE109.6 %20.9 %53.0 %-4.5 %5.4 %
ROI9.3 %3.8 %11.6 %-2.1 %3.3 %
Economic value added (EVA)368.88-40.34487.44- 220.15-18.67
Solvency
Equity ratio8.1 %10.0 %29.8 %32.0 %21.4 %
Gearing1043.3 %822.8 %105.8 %186.3 %362.1 %
Relative net indebtedness %1410.6 %1185.4 %652.5 %
Liquidity
Quick ratio0.00.01.25.40.7
Current ratio0.00.01.25.40.7
Cash and cash equivalents56.2043.80121.78546.10174.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-416.5 %-363.6 %7.7 %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:3.24%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.4%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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