LIVAFONDEN AF 1997 — Credit Rating and Financial Key Figures

LIVAFONDEN AF 1997 (CVR number: 20349077) is a company from KØBENHAVN. The company reported a net sales of 3.1 mDKK in 2023, demonstrating a decline of -1.8 % compared to the previous year. The operating profit percentage was poor at -5.5 % (EBIT: -0.2 mDKK), while net earnings were 47.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. LIVAFONDEN AF 1997's liquidity measured by quick ratio was 1.2 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.