Landdrift A/S — Credit Rating and Financial Key Figures

CVR number: 39483238
Enggårdsvej 27, Kragelund 8723 Løsning

Company information

Official name
Landdrift A/S
Established
2018
Domicile
Kragelund
Company form
Limited company
Industry

About Landdrift A/S

Landdrift A/S (CVR number: 39483238) is a company from HEDENSTED. The company recorded a gross profit of 3684.7 kDKK in 2023. The operating profit was 3049.5 kDKK, while net earnings were 2417 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Landdrift A/S's liquidity measured by quick ratio was 18.5 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 981.002 951.003 075.522 141.903 684.66
EBIT2 855.002 798.002 897.761 955.893 049.46
Net earnings2 226.002 174.002 259.081 509.602 417.04
Shareholders equity total10 044.0012 218.0014 367.6415 877.2418 294.29
Balance sheet total (assets)10 858.0012 844.0015 438.7619 878.2919 116.43
Net debt-3 036.00-6 004.00-8 611.27-8 877.76-10 463.78
Profitability
EBIT-%
ROA28.0 %23.6 %20.5 %11.1 %15.9 %
ROE24.9 %19.5 %17.0 %10.0 %14.1 %
ROI30.3 %24.4 %21.7 %12.8 %17.9 %
Economic value added (EVA)1 834.681 860.451 949.501 237.462 027.66
Solvency
Equity ratio92.5 %95.1 %93.1 %79.9 %95.7 %
Gearing6.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.810.48.72.918.5
Current ratio4.810.48.72.918.5
Cash and cash equivalents3 649.006 004.008 611.278 877.7610 463.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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