LØVENS KEMISKE FABRIKS HANDELSAKTIESELSKAB — Credit Rating and Financial Key Figures

CVR number: 24238113
Industriparken 55, 2750 Ballerup
tel: 44945888

Company information

Official name
LØVENS KEMISKE FABRIKS HANDELSAKTIESELSKAB
Established
1951
Company form
Limited company
Industry

About LØVENS KEMISKE FABRIKS HANDELSAKTIESELSKAB

LØVENS KEMISKE FABRIKS HANDELSAKTIESELSKAB (CVR number: 24238113) is a company from BALLERUP. The company reported a net sales of 25.2 mDKK in 2024, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 75.7 % (EBIT: 19.1 mDKK), while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 15.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LØVENS KEMISKE FABRIKS HANDELSAKTIESELSKAB's liquidity measured by quick ratio was 6.8 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
2020
2021
2022
2023
2024
Volume
Net sales22 272.3722 272.3722 940.1124 986.4125 244.89
Gross profit20 985.6119 880.7321 116.8523 163.2422 029.50
EBIT17 995.0916 951.0818 193.4020 239.7919 106.05
Net earnings15 187.1014 401.8716 414.3118 188.9216 426.42
Shareholders equity total99 817.7199 016.25100 229.51102 421.51104 423.30
Balance sheet total (assets)104 440.88103 394.85104 873.90108 297.35109 266.88
Net debt-71.53- 106.94- 103.12-97.38-92.91
Profitability
EBIT-%80.8 %76.1 %79.3 %81.0 %75.7 %
ROA18.4 %17.5 %19.6 %21.2 %19.0 %
ROE15.2 %14.5 %16.5 %18.0 %15.9 %
ROI19.1 %18.2 %20.5 %22.4 %19.9 %
Economic value added (EVA)8 980.658 201.829 215.0510 749.889 757.27
Solvency
Equity ratio95.6 %95.8 %95.6 %94.6 %95.6 %
Gearing
Relative net indebtedness %20.4 %19.2 %19.8 %23.1 %18.8 %
Liquidity
Quick ratio5.15.65.75.26.8
Current ratio5.15.65.75.26.8
Cash and cash equivalents71.53106.94103.1297.3892.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %85.9 %90.4 %96.1 %99.2 %111.6 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.