LØWE'S AUTOSERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 30702557
Tyrsbjergvej 114, Korup 5210 Odense NV

Credit rating

Company information

Official name
LØWE'S AUTOSERVICE ApS
Personnel
1 person
Established
2007
Domicile
Korup
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About LØWE'S AUTOSERVICE ApS

LØWE'S AUTOSERVICE ApS (CVR number: 30702557) is a company from ODENSE. The company recorded a gross profit of 217.9 kDKK in 2023. The operating profit was 84.9 kDKK, while net earnings were 66 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LØWE'S AUTOSERVICE ApS's liquidity measured by quick ratio was 4.5 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
20192020202120222023
Volume
Net sales
Gross profit210.28271.32289.22312.35217.87
EBIT69.28139.19154.69178.0284.87
Net earnings45.08137.31119.41137.1565.97
Shareholders equity total1 331.531 468.841 588.251 725.401 791.37
Balance sheet total (assets)1 731.291 882.841 996.322 133.272 174.77
Net debt-26.34- 157.87- 304.30- 463.48- 494.42
Profitability
EBIT-%
ROA4.0 %7.8 %8.1 %8.7 %4.1 %
ROE3.4 %9.8 %7.8 %8.3 %3.8 %
ROI4.3 %8.5 %8.8 %9.5 %4.4 %
Economic value added (EVA)50.08130.61111.31130.8859.33
Solvency
Equity ratio76.9 %78.0 %79.6 %80.9 %82.4 %
Gearing2.3 %0.2 %0.2 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.82.63.54.5
Current ratio1.01.92.73.64.5
Cash and cash equivalents56.40160.14306.93466.11497.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:4.07%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.4%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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