LOW A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOW A/S
LOW A/S (CVR number: 36469323) is a company from KØBENHAVN. The company recorded a gross profit of -451.1 kDKK in 2023. The operating profit was -451.1 kDKK, while net earnings were -457.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.4 %, which can be considered poor and Return on Equity (ROE) was -44.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. LOW A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 942.73 | 1 101.56 | 312.10 | 654.28 | - 451.08 |
EBIT | - 549.40 | 1 052.21 | 260.77 | 654.28 | - 451.08 |
Net earnings | - 557.46 | 644.96 | 171.32 | 498.43 | - 457.36 |
Shareholders equity total | 538.09 | 1 183.06 | 754.38 | 1 252.81 | 795.45 |
Balance sheet total (assets) | 856.87 | 1 499.04 | 1 107.85 | 1 733.10 | 1 140.85 |
Net debt | - 119.75 | - 650.08 | - 222.75 | - 389.86 | - 611.16 |
Profitability | |||||
EBIT-% | |||||
ROA | -24.2 % | 89.3 % | 20.0 % | 46.1 % | -31.4 % |
ROE | -68.2 % | 74.9 % | 17.7 % | 49.7 % | -44.7 % |
ROI | -65.0 % | 122.2 % | 23.4 % | 50.6 % | -33.9 % |
Economic value added (EVA) | - 565.31 | 854.14 | 168.70 | 494.87 | - 479.82 |
Solvency | |||||
Equity ratio | 62.8 % | 78.9 % | 68.1 % | 72.3 % | 69.7 % |
Gearing | 0.0 % | 0.1 % | 37.9 % | 23.2 % | 40.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 4.7 | 3.1 | 3.6 | 3.3 |
Current ratio | 2.3 | 4.7 | 3.1 | 3.6 | 3.3 |
Cash and cash equivalents | 119.88 | 651.25 | 508.34 | 680.85 | 931.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
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