LIMFJORDEN ApS — Credit Rating and Financial Key Figures

CVR number: 27309372
Vesterbrogade 149, 1620 København V
info@limfjorden.net
tel: 39166167

Company information

Official name
LIMFJORDEN ApS
Established
2003
Company form
Private limited company
Industry

About LIMFJORDEN ApS

LIMFJORDEN ApS (CVR number: 27309372) is a company from KØBENHAVN. The company recorded a gross profit of -69.7 kEUR in 2023. The operating profit was -121.8 kEUR, while net earnings were 48.4 mEUR. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent and Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LIMFJORDEN ApS's liquidity measured by quick ratio was 51.2 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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-98.56-32.40-1.15-33.44-69.66
EBIT- 150.66-84.43-56.05- 137.37- 121.85
Net earnings47 166.5014 185.4442 447.51-55 535.1248 360.24
Shareholders equity total105 891.25120 076.69162 524.21106 989.09160 294.18
Balance sheet total (assets)182 331.89182 774.26225 398.92170 491.80219 710.02
Net debt76 368.0962 553.6562 377.6762 576.3358 031.03
Profitability
EBIT-%
ROA31.6 %9.2 %21.8 %-27.0 %27.0 %
ROE57.3 %12.6 %30.0 %-41.2 %36.2 %
ROI31.6 %9.2 %21.8 %-27.0 %27.0 %
Economic value added (EVA)3 454.808 728.08-6 118.22-8 317.83-5 430.18
Solvency
Equity ratio91.9 %99.4 %99.5 %99.5 %99.7 %
Gearing72.2 %52.2 %38.7 %59.3 %37.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.621.653.40.551.2
Current ratio1.621.653.40.551.2
Cash and cash equivalents42.96136.38484.55916.881 357.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBAA

Variable visualization

ROA:27.0%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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