Løvenbalk Holding 3 ApS — Credit Rating and Financial Key Figures

CVR number: 38806998
Nørre Alle 17, 7400 Herning

Company information

Official name
Løvenbalk Holding 3 ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales398.43330.73279.77332.61113.14
Gross profit390.55278.86264.39323.61102.95
EBIT390.55278.86264.39323.61102.95
Net earnings391.75338.26322.98383.63184.84
Shareholders equity total15 123.3515 351.0015 560.9815 829.0515 894.90
Balance sheet total (assets)15 206.1016 036.5915 867.0116 090.7316 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 %
ROA2.6 %2.3 %2.2 %2.6 %1.3 %
ROE2.6 %2.2 %2.1 %2.4 %1.2 %
ROI2.6 %2.4 %2.2 %2.6 %1.3 %
Economic value added (EVA)406.99284.34701.07735.29495.23
Solvency
Equity ratio99.5 %95.7 %98.1 %98.4 %98.7 %
Gearing3.9 %1.5 %1.1 %1.2 %
Relative net indebtedness %-9.9 %-60.6 %-133.7 %-241.6 %-548.5 %
Liquidity
Quick ratio50.16.515.623.319.9
Current ratio50.16.515.623.319.9
Cash and cash equivalents122.04886.13680.141 065.27834.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %87.8 %1024.4 %1288.3 %1249.4 %3564.4 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:1.32%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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