LØKKEN BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 13304017
Jyllandsgade 11, 9480 Løkken
tel: 98992458

Company information

Official name
LØKKEN BRUGSFORENING
Personnel
126 persons
Established
1919
Industry

About LØKKEN BRUGSFORENING

LØKKEN BRUGSFORENING (CVR number: 13304017K) is a company from HJØRRING. The company recorded a gross profit of 40.3 mDKK in 2024. The operating profit was 2348 kDKK, while net earnings were 2240.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.7 %, 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. LØKKEN BRUGSFORENING's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35 711.0036 036.0031 809.0038 473.8140 269.98
EBIT6 887.004 466.00-1 447.001 529.572 347.95
Net earnings5 539.002 839.00- 714.001 444.202 240.20
Shareholders equity total67 411.0070 251.0069 544.0070 997.0773 237.47
Balance sheet total (assets)118 786.00116 411.00131 911.00132 608.38131 537.95
Net debt33 900.1730 079.85
Profitability
EBIT-%
ROA6.2 %3.8 %-1.2 %2.3 %3.1 %
ROE8.6 %4.1 %-1.0 %2.1 %3.1 %
ROI6.2 %3.8 %-1.2 %2.5 %3.6 %
Economic value added (EVA)3 777.931 078.60-4 977.11-2 300.49-3 250.13
Solvency
Equity ratio100.0 %100.0 %100.0 %53.5 %55.7 %
Gearing49.0 %42.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.1
Current ratio1.31.4
Cash and cash equivalents885.73682.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:3.05%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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