DEN ERHVERVSDRIVENDE FOND KULTURCENTER-LIMFJORD

CVR number: 32788637
Skyttevej 12, 7800 Skive

Credit rating

Company information

Official name
DEN ERHVERVSDRIVENDE FOND KULTURCENTER-LIMFJORD
Personnel
134 persons
Established
2010
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About DEN ERHVERVSDRIVENDE FOND KULTURCENTER-LIMFJORD

DEN ERHVERVSDRIVENDE FOND KULTURCENTER-LIMFJORD (CVR number: 32788637) is a company from SKIVE. The company reported a net sales of 57.3 mDKK in 2023, demonstrating a decline of -3.7 % compared to the previous year. The operating profit percentage was at 0.6 % (EBIT: 0.3 mDKK), while net earnings were 334.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. DEN ERHVERVSDRIVENDE FOND KULTURCENTER-LIMFJORD's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales45.9734.0738.3159.4357.25
Gross profit17.2114.5517.1721.0620.82
EBIT0.77-0.47-0.360.020.33
Net earnings0.56-0.46-0.230.000.33
Shareholders equity total6.215.765.525.525.86
Balance sheet total (assets)14.1614.7116.7516.1315.69
Net debt-8.51-3.97-2.56-6.15-5.04
Profitability
EBIT-%1.7 %-1.4 %-1.0 %0.0 %0.6 %
ROA5.5 %-3.6 %-2.8 %0.1 %2.7 %
ROE9.4 %-7.6 %-4.1 %0.0 %5.9 %
ROI10.8 %-6.8 %-6.1 %0.2 %6.8 %
Economic value added (EVA)0.69-0.24-0.34-0.130.30
Solvency
Equity ratio43.9 %39.1 %33.0 %34.2 %37.3 %
Gearing
Relative net indebtedness %-3.6 %11.7 %20.8 %6.4 %7.1 %
Liquidity
Quick ratio1.51.10.70.70.8
Current ratio1.61.10.80.90.9
Cash and cash equivalents8.513.972.566.155.04
Capital use efficiency
Trade debtors turnover (days)4.27.712.82.76.1
Net working capital %7.9 %2.9 %-6.0 %-2.5 %-1.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.74%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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