LØGAGER MINKFARM A/S — Credit Rating and Financial Key Figures

CVR number: 31346827
Løgagervej 42, 6973 Ørnhøj
tel: 97386440

Credit rating

Company information

Official name
LØGAGER MINKFARM A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About LØGAGER MINKFARM A/S

LØGAGER MINKFARM A/S (CVR number: 31346827) is a company from HERNING. The company recorded a gross profit of 19.6 mDKK in 2023. The operating profit was 16.4 mDKK, while net earnings were 18.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.4 %, which can be considered excellent and Return on Equity (ROE) was 60.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.9 %, 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 4.6 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
20192020202120222023
Volume
Net sales
Gross profit- 105.0315 659.241 893.9818 747.4719 576.24
EBIT-1 444.819 682.80- 581.0717 968.5116 365.44
Net earnings-2 653.306 341.49-1 985.6516 832.9818 222.09
Shareholders equity total11 255.5317 597.0211 111.3823 844.3636 043.52
Balance sheet total (assets)51 440.7877 847.6770 710.9565 583.3638 780.72
Net debt76 054.8556 895.2757 085.4138 748.21-4 922.51
Profitability
EBIT-%
ROA-2.4 %15.0 %-0.8 %26.4 %31.4 %
ROE-37.1 %44.0 %-13.8 %96.3 %60.9 %
ROI-2.5 %14.2 %-0.8 %26.6 %32.0 %
Economic value added (EVA)-3 248.813 787.56-2 717.5616 365.8017 079.02
Solvency
Equity ratio21.9 %22.6 %15.7 %36.4 %92.9 %
Gearing680.7 %326.7 %513.8 %162.5 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.10.14.6
Current ratio0.11.00.71.311.0
Cash and cash equivalents561.65586.165 564.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:31.4%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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