FINN LÆRKEGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 68356717
A P Møllers Vej 21, 5700 Svendborg
tel: 62221383

Company information

Official name
FINN LÆRKEGAARD ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry

About FINN LÆRKEGAARD ApS

FINN LÆRKEGAARD ApS (CVR number: 68356717) is a company from SVENDBORG. The company recorded a gross profit of -14.2 kDKK in 2021. The operating profit was -279.4 kDKK, while net earnings were -287.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.1 %, which can be considered excellent but Return on Equity (ROE) was -65.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. FINN LÆRKEGAARD ApS's liquidity measured by quick ratio was 3.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-11.71-13.15-12.76-19.42-14.19
EBIT-11.71-13.15- 145.36- 284.62- 279.41
Net earnings-86.1671.92- 115.9284.67- 287.83
Shareholders equity total580.53642.45516.53591.20293.37
Balance sheet total (assets)591.30652.30660.211 006.70423.74
Net debt- 583.86- 646.39- 655.11-1 000.86- 412.89
Profitability
EBIT-%
ROA6.5 %11.6 %-17.7 %10.3 %29.1 %
ROE-13.7 %11.8 %-20.0 %15.3 %-65.1 %
ROI7.0 %11.8 %-20.0 %15.5 %47.0 %
Economic value added (EVA)-8.37-12.99- 145.16- 277.65- 258.83
Solvency
Equity ratio98.2 %98.5 %78.2 %58.7 %69.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio54.966.24.62.43.3
Current ratio54.966.24.62.43.3
Cash and cash equivalents583.86646.39655.111 000.86412.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBC

Variable visualization

ROA:29.1%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.2%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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