Løvenbalk Holding 3 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Løvenbalk Holding 3 ApS
Løvenbalk Holding 3 ApS (CVR number: 38806998) is a company from HERNING. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -66 % compared to the previous year. The operating profit percentage was at 91 % (EBIT: 0.1 mDKK), while net earnings were 184.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Løvenbalk Holding 3 ApS's liquidity measured by quick ratio was 19.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 398.43 | 330.73 | 279.77 | 332.61 | 113.14 |
Gross profit | 390.55 | 278.86 | 264.39 | 323.61 | 102.95 |
EBIT | 390.55 | 278.86 | 264.39 | 323.61 | 102.95 |
Net earnings | 391.75 | 338.26 | 322.98 | 383.63 | 184.84 |
Shareholders equity total | 15 123.35 | 15 351.00 | 15 560.98 | 15 829.05 | 15 894.90 |
Balance sheet total (assets) | 15 206.10 | 16 036.59 | 15 867.01 | 16 090.73 | 16 108.36 |
Net debt | - 122.04 | - 281.25 | - 442.03 | - 888.23 | - 649.90 |
Profitability | |||||
EBIT-% | 98.0 % | 84.3 % | 94.5 % | 97.3 % | 91.0 % |
ROA | 2.6 % | 2.3 % | 2.2 % | 2.6 % | 1.3 % |
ROE | 2.6 % | 2.2 % | 2.1 % | 2.4 % | 1.2 % |
ROI | 2.6 % | 2.4 % | 2.2 % | 2.6 % | 1.3 % |
Economic value added (EVA) | 406.99 | 284.34 | 701.07 | 735.29 | 495.23 |
Solvency | |||||
Equity ratio | 99.5 % | 95.7 % | 98.1 % | 98.4 % | 98.7 % |
Gearing | 3.9 % | 1.5 % | 1.1 % | 1.2 % | |
Relative net indebtedness % | -9.9 % | -60.6 % | -133.7 % | -241.6 % | -548.5 % |
Liquidity | |||||
Quick ratio | 50.1 | 6.5 | 15.6 | 23.3 | 19.9 |
Current ratio | 50.1 | 6.5 | 15.6 | 23.3 | 19.9 |
Cash and cash equivalents | 122.04 | 886.13 | 680.14 | 1 065.27 | 834.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 87.8 % | 1024.4 % | 1288.3 % | 1249.4 % | 3564.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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