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: 13304017) is a company from HJØRRING. The company recorded a gross profit of 32.9 mDKK in 2024. The operating profit was 3152.3 kDKK, while net earnings were 2822.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 61.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LØKKEN BRUGSFORENING's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit30 974.0632 907.30
EBIT2 421.763 152.34
Net earnings2 072.882 822.37
Shareholders equity total71 160.8073 983.36
Balance sheet total (assets)119 770.57120 498.99
Net debt28 451.0426 038.91
Profitability
EBIT-%
ROA3.0 %3.8 %
ROE2.9 %3.9 %
ROI3.4 %4.3 %
Economic value added (EVA)1 890.30-2 110.67
Solvency
Equity ratio59.4 %61.4 %
Gearing41.1 %36.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.4
Current ratio1.61.7
Cash and cash equivalents804.54625.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-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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