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LIVAFONDEN AF 1997 — Credit Rating and Financial Key Figures
Credit rating
Company information
About LIVAFONDEN AF 1997
LIVAFONDEN AF 1997 (CVR number: 20349077) is a company from KØBENHAVN. The company reported a net sales of 4 mDKK in 2024, demonstrating a growth of 28.1 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were -4.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.9 %, 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. LIVAFONDEN AF 1997'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 895.43 | 2 868.58 | 3 183.40 | 3 126.57 | 4 005.43 |
| Gross profit | 584.29 | 384.08 | 354.66 | 480.49 | 503.00 |
| EBIT | - 159.23 | - 210.84 | - 328.18 | -11.19 | 31.29 |
| Net earnings | 66.68 | -7.27 | - 179.86 | 47.14 | -4.63 |
| Shareholders equity total | 3 712.91 | 3 705.64 | 3 525.78 | 3 572.93 | 3 568.30 |
| Balance sheet total (assets) | 5 365.85 | 4 941.32 | 5 029.74 | 4 930.31 | 4 642.16 |
| Net debt | - 394.31 | - 502.27 | - 674.85 | - 721.28 | - 754.51 |
| Profitability | |||||
| EBIT-% | -8.4 % | -7.4 % | -10.3 % | -0.4 % | 0.8 % |
| ROA | 1.7 % | -0.1 % | -4.6 % | 1.3 % | -0.0 % |
| ROE | 1.8 % | -0.2 % | -5.0 % | 1.3 % | -0.1 % |
| ROI | 2.3 % | -0.1 % | -6.1 % | 1.8 % | -0.1 % |
| Economic value added (EVA) | - 382.73 | - 403.29 | - 471.83 | - 190.34 | - 152.75 |
| Solvency | |||||
| Equity ratio | 69.2 % | 75.0 % | 70.1 % | 72.5 % | 76.9 % |
| Gearing | |||||
| Relative net indebtedness % | 58.1 % | 20.2 % | 22.8 % | 16.6 % | 5.1 % |
| Liquidity | |||||
| Quick ratio | 0.7 | 0.8 | 0.9 | 1.2 | 1.4 |
| Current ratio | 0.7 | 0.8 | 0.9 | 1.2 | 1.4 |
| Cash and cash equivalents | 394.31 | 502.27 | 674.85 | 721.28 | 754.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -24.4 % | -6.4 % | -3.9 % | 7.2 % | 8.6 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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