Lykkegaard Landbrug Holding II ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lykkegaard Landbrug Holding II ApS
Lykkegaard Landbrug Holding II ApS (CVR number: 39196379) is a company from Brønderslev. The company recorded a gross profit of -20 kDKK in 2024. The operating profit was -20 kDKK, while net earnings were 397.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 77.5 %, 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. Lykkegaard Landbrug Holding II ApS's liquidity measured by quick ratio was 2.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.67 | -14.42 | -14.35 | -36.06 | -19.98 |
| EBIT | -15.67 | -14.42 | -14.35 | -36.06 | -19.98 |
| Net earnings | - 226.72 | - 231.66 | 17 877.73 | 983.75 | 397.50 |
| Shareholders equity total | 7 840.45 | 7 608.79 | 25 486.52 | 32 016.00 | 22 433.40 |
| Balance sheet total (assets) | 21 584.63 | 21 638.85 | 25 727.33 | 32 530.08 | 28 928.68 |
| Net debt | 13 743.32 | 14 030.06 | 159.71 | 36.45 | 5 874.19 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.1 % | -0.1 % | 77.6 % | 7.9 % | 2.2 % |
| ROE | -2.9 % | -3.0 % | 108.0 % | 3.4 % | 1.5 % |
| ROI | -0.1 % | -0.1 % | 77.7 % | 8.0 % | 2.3 % |
| Economic value added (EVA) | -1 093.86 | -1 095.87 | -1 101.64 | -1 316.85 | -1 626.22 |
| Solvency | |||||
| Equity ratio | 36.3 % | 35.2 % | 99.1 % | 98.4 % | 77.5 % |
| Gearing | 175.3 % | 184.4 % | 0.6 % | 0.1 % | 26.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 2.3 | 86.8 | 43.4 | 2.9 |
| Current ratio | 2.1 | 2.3 | 86.8 | 43.4 | 2.9 |
| Cash and cash equivalents | 0.86 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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