Limfjorden Estate ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Limfjorden Estate ApS
Limfjorden Estate ApS (CVR number: 39650568) is a company from KØBENHAVN. The company recorded a gross profit of 0.2 kEUR in 2024. The operating profit was -3.7 kEUR, while net earnings were -28.2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Limfjorden Estate ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2.02 | 7.69 | 9.05 | 8.18 | 0.18 |
EBIT | -1.85 | 3.81 | 5.18 | 4.30 | -3.69 |
Net earnings | -16.27 | -5.83 | -8.04 | -18.84 | -28.16 |
Shareholders equity total | 263.45 | 257.62 | 249.59 | 230.75 | 232.29 |
Balance sheet total (assets) | 652.95 | 647.19 | 640.78 | 621.87 | 623.79 |
Net debt | 364.47 | 359.27 | 357.28 | 370.34 | 364.09 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.2 % | 0.8 % | 1.0 % | 0.9 % | -0.5 % |
ROE | -10.7 % | -2.2 % | -3.2 % | -7.8 % | -12.2 % |
ROI | -0.2 % | 0.8 % | 1.0 % | 0.9 % | -0.5 % |
Economic value added (EVA) | -34.60 | -28.49 | -26.84 | -27.39 | -34.34 |
Solvency | |||||
Equity ratio | 40.3 % | 39.8 % | 39.0 % | 37.1 % | 37.2 % |
Gearing | 144.0 % | 147.3 % | 152.7 % | 164.3 % | 163.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 2.6 | 2.4 | 0.7 | 1.1 |
Current ratio | 2.8 | 2.6 | 2.4 | 0.7 | 1.1 |
Cash and cash equivalents | 14.87 | 20.23 | 23.85 | 8.81 | 14.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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