Den Almennyttige Erhvervs- og Kulturfond i Løgstør — Credit Rating and Financial Key Figures
Credit rating
Company information
About Den Almennyttige Erhvervs- og Kulturfond i Løgstør
Den Almennyttige Erhvervs- og Kulturfond i Løgstør (CVR number: 17196790) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 140 kDKK in 2023. The operating profit was 83.4 kDKK, while net earnings were -33.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, 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 92.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Den Almennyttige Erhvervs- og Kulturfond i Løgstør's liquidity measured by quick ratio was 10.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 220.05 | 99.18 | 183.14 | 132.58 | 139.98 |
EBIT | 149.87 | 29.17 | 120.32 | 75.97 | 83.44 |
Net earnings | 132.97 | -20.29 | 194.22 | 5.88 | -33.14 |
Shareholders equity total | 1 608.92 | 1 588.63 | 1 782.86 | 1 788.74 | 1 755.60 |
Balance sheet total (assets) | 1 739.73 | 1 699.65 | 1 890.88 | 1 909.51 | 1 895.23 |
Net debt | - 660.78 | - 753.19 | - 906.05 | -1 067.62 | - 731.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 1.7 % | 12.7 % | 1.7 % | 0.2 % |
ROE | 8.6 % | -1.3 % | 11.5 % | 0.3 % | -1.9 % |
ROI | 10.8 % | 1.8 % | 13.3 % | 1.8 % | 0.2 % |
Economic value added (EVA) | 68.21 | -25.13 | 63.78 | 19.31 | 35.89 |
Solvency | |||||
Equity ratio | 92.5 % | 93.5 % | 94.3 % | 93.7 % | 92.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.0 | 9.2 | 12.6 | 15.3 | 10.1 |
Current ratio | 7.0 | 9.2 | 12.6 | 15.3 | 10.1 |
Cash and cash equivalents | 660.78 | 753.19 | 906.05 | 1 067.62 | 731.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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