LILLE NORGE INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 70246414
Lodsholmvej 41, 9270 Klarup

Company information

Official name
LILLE NORGE INVEST A/S
Established
1982
Company form
Limited company
Industry

About LILLE NORGE INVEST A/S

LILLE NORGE INVEST A/S (CVR number: 70246414) is a company from AALBORG. The company recorded a gross profit of 562.3 kDKK in 2023. The operating profit was 572.3 kDKK, while net earnings were 405.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.2 %, 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. LILLE NORGE INVEST A/S'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 profit262.34459.24331.37334.11562.35
EBIT212.34501.04371.373 369.11572.35
Net earnings225.62370.87269.982 611.49405.79
Shareholders equity total3 358.743 579.613 524.595 886.076 291.86
Balance sheet total (assets)7 319.547 420.957 196.3610 226.0510 284.27
Net debt2 522.162 242.912 261.812 298.711 784.11
Profitability
EBIT-%
ROA3.0 %6.9 %5.1 %38.7 %5.6 %
ROE6.7 %10.7 %7.6 %55.5 %6.7 %
ROI3.1 %7.0 %5.2 %39.5 %5.7 %
Economic value added (EVA)- 105.43106.649.542 348.5858.68
Solvency
Equity ratio45.9 %48.2 %49.0 %57.6 %61.2 %
Gearing81.3 %70.6 %64.7 %39.3 %29.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.00.00.1
Current ratio0.60.70.00.00.1
Cash and cash equivalents207.54283.9519.3614.0462.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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