LANDBRUGSSELSKABET SINDAL ApS — Credit Rating and Financial Key Figures

CVR number: 21339830
Ugiltvej 20 A, Hørmested 9870 Sindal

Credit rating

Company information

Official name
LANDBRUGSSELSKABET SINDAL ApS
Established
1998
Domicile
Hørmested
Company form
Private limited company
Industry

About LANDBRUGSSELSKABET SINDAL ApS

LANDBRUGSSELSKABET SINDAL ApS (CVR number: 21339830) is a company from HJØRRING. The company recorded a gross profit of 31.7 kDKK in 2023. The operating profit was 20 kDKK, while net earnings were -8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LANDBRUGSSELSKABET SINDAL ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit49.0013.004.7316.6031.72
EBIT37.001.00-7.024.8619.97
Net earnings23.00-9.00-16.255.92-8.64
Shareholders equity total486.00477.00460.58466.50457.85
Balance sheet total (assets)1 368.001 331.001 264.221 223.771 211.86
Net debt724.00649.00695.38687.83669.59
Profitability
EBIT-%
ROA2.7 %0.1 %-0.5 %0.4 %1.6 %
ROE4.8 %-1.9 %-3.5 %1.3 %-1.9 %
ROI2.7 %0.1 %-0.5 %0.4 %1.7 %
Economic value added (EVA)-28.42-58.28-62.20-53.23-42.43
Solvency
Equity ratio35.5 %35.8 %36.4 %38.1 %37.8 %
Gearing170.8 %170.6 %165.1 %156.0 %158.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.12.68.38.20.1
Current ratio3.12.68.38.20.1
Cash and cash equivalents106.00165.0065.1240.1057.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.64%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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