Løkken Love ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Løkken Love ApS
Løkken Love ApS (CVR number: 39606003) is a company from KØBENHAVN. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were 424.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.3 %, which can be considered excellent and Return on Equity (ROE) was 25.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76 %, 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. Løkken Love ApS's liquidity measured by quick ratio was 4.2 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 | 3.31 | -12.13 | -12.00 | -12.25 | -16.05 |
EBIT | 3.31 | -12.13 | -12.00 | -12.25 | -16.05 |
Net earnings | -3.76 | -12.52 | -12.73 | -17.80 | 424.81 |
Shareholders equity total | 1 469.75 | 1 457.22 | 1 444.50 | 1 426.70 | 1 851.50 |
Balance sheet total (assets) | 1 562.98 | 1 601.92 | 1 589.16 | 2 547.61 | 2 435.42 |
Net debt | 40.14 | -19.80 | -7.26 | 558.89 | -1 452.44 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | -0.8 % | -0.8 % | -0.1 % | 18.3 % |
ROE | -0.3 % | -0.9 % | -0.9 % | -1.2 % | 25.9 % |
ROI | 0.2 % | -0.8 % | -0.8 % | -0.1 % | 23.7 % |
Economic value added (EVA) | 2.13 | -10.31 | -4.74 | -4.98 | 61.26 |
Solvency | |||||
Equity ratio | 94.0 % | 91.0 % | 90.9 % | 56.0 % | 76.0 % |
Gearing | 3.6 % | 5.5 % | 5.4 % | 39.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.6 | 0.3 | 4.2 |
Current ratio | 0.7 | 0.7 | 0.6 | 0.3 | 4.2 |
Cash and cash equivalents | 12.98 | 99.22 | 85.58 | 5.84 | 1 452.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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