LANDBOGRUPPEN MIDTØST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LANDBOGRUPPEN MIDTØST ApS
LANDBOGRUPPEN MIDTØST ApS (CVR number: 31884373) is a company from VIBORG. The company recorded a gross profit of 5943.3 kDKK in 2024. The operating profit was -171.6 kDKK, while net earnings were -171.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. LANDBOGRUPPEN MIDTØST ApS's liquidity measured by quick ratio was 3.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 596.53 | 7 938.31 | 4 330.82 | 6 381.41 | 5 943.29 |
EBIT | 1 231.82 | 2 258.59 | -2 052.15 | 942.74 | - 171.58 |
Net earnings | 951.09 | 1 724.71 | -1 646.04 | 715.48 | - 171.58 |
Shareholders equity total | 2 434.67 | 4 159.38 | 2 513.34 | 3 228.82 | 3 057.24 |
Balance sheet total (assets) | 5 341.37 | 6 232.14 | 4 304.02 | 5 129.68 | 4 509.29 |
Net debt | -1 815.70 | -2 304.92 | -1 483.94 | -2 333.66 | -1 690.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.2 % | 39.0 % | -38.9 % | 20.1 % | -3.6 % |
ROE | 48.5 % | 52.3 % | -49.3 % | 24.9 % | -5.5 % |
ROI | 57.7 % | 65.2 % | -61.5 % | 33.0 % | -5.3 % |
Economic value added (EVA) | 868.93 | 1 619.65 | -1 831.73 | 584.85 | - 333.83 |
Solvency | |||||
Equity ratio | 45.6 % | 66.7 % | 58.4 % | 62.9 % | 67.8 % |
Gearing | 4.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.6 | 2.1 | 2.5 | 3.1 |
Current ratio | 1.6 | 2.6 | 2.1 | 2.5 | 3.1 |
Cash and cash equivalents | 1 815.70 | 2 304.92 | 1 483.94 | 2 333.66 | 1 823.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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