LØGAGER MINKFARM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LØGAGER MINKFARM A/S
LØGAGER MINKFARM A/S (CVR number: 31346827) is a company from HERNING. The company recorded a gross profit of -265 kDKK in 2024. The operating profit was -730 kDKK, while net earnings were -638.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LØGAGER MINKFARM A/S's liquidity measured by quick ratio was 11.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 659.24 | 1 893.98 | 18 747.47 | 19 576.08 | - 265.03 |
EBIT | 9 682.80 | - 581.07 | 17 968.51 | 16 365.44 | - 729.98 |
Net earnings | 6 341.49 | -1 985.65 | 16 832.98 | 18 222.09 | - 638.28 |
Shareholders equity total | 17 597.02 | 11 111.38 | 23 844.36 | 36 043.52 | 27 405.24 |
Balance sheet total (assets) | 77 847.67 | 70 710.95 | 65 583.36 | 38 780.72 | 28 486.67 |
Net debt | 56 895.27 | 57 085.41 | 38 748.21 | -4 922.51 | -1 570.76 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.0 % | -0.8 % | 26.4 % | 31.4 % | -1.9 % |
ROE | 44.0 % | -13.8 % | 96.3 % | 60.9 % | -2.0 % |
ROI | 14.2 % | -0.8 % | 26.6 % | 32.0 % | -2.0 % |
Economic value added (EVA) | 3 787.56 | -2 717.56 | 16 365.80 | 17 079.02 | -2 179.30 |
Solvency | |||||
Equity ratio | 22.6 % | 15.7 % | 36.4 % | 92.9 % | 96.2 % |
Gearing | 326.7 % | 513.8 % | 162.5 % | 1.8 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 0.1 | 4.6 | 11.3 |
Current ratio | 1.0 | 0.7 | 1.3 | 11.0 | 30.0 |
Cash and cash equivalents | 586.16 | 5 564.09 | 1 571.30 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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