LOKALVÆKST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOKALVÆKST A/S
LOKALVÆKST A/S (CVR number: 36393939) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -65.7 kDKK in 2023. The operating profit was -65.8 kDKK, while net earnings were -92.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -22.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOKALVÆKST A/S's liquidity measured by quick ratio was 29.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.68 | -29.56 | -40.56 | -95.49 | -65.73 |
EBIT | -24.68 | -89.82 | - 171.79 | - 136.57 | -65.83 |
Net earnings | -25.00 | - 424.75 | 154.33 | -1 761.91 | -92.13 |
Shareholders equity total | 368.18 | -56.57 | 97.77 | -1 664.15 | -1 756.28 |
Balance sheet total (assets) | 1 478.55 | 1 080.68 | 2 232.93 | 454.85 | 355.73 |
Net debt | 621.45 | 688.32 | 1 365.57 | 1 845.15 | 1 744.28 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.7 % | 18.4 % | -29.8 % | 68.2 % | -4.4 % |
ROE | -6.6 % | -58.6 % | 26.2 % | -637.7 % | -22.7 % |
ROI | -1.7 % | -32.8 % | 9.7 % | -81.8 % | -4.4 % |
Economic value added (EVA) | -19.27 | -84.27 | - 148.26 | -50.56 | 30.60 |
Solvency | |||||
Equity ratio | 99.3 % | 96.6 % | 98.4 % | 95.8 % | 96.6 % |
Gearing | 298.8 % | -1944.5 % | 2148.0 % | -126.2 % | -119.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 46.2 | 11.1 | 20.9 | 13.4 | 29.6 |
Current ratio | 46.2 | 11.1 | 20.9 | 13.4 | 29.6 |
Cash and cash equivalents | 478.55 | 411.68 | 734.43 | 254.85 | 355.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | B |
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