Løvegård ApS — Credit Rating and Financial Key Figures

Løvegård ApS (CVR number: 40705848) is a company from KALUNDBORG. The company reported a net sales of 5.9 mDKK in 2023, demonstrating a growth of 16.5 % compared to the previous year. The operating profit percentage was at 7.6 % (EBIT: 0.5 mDKK), while net earnings were 330 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.3 %, which can be considered excellent and Return on Equity (ROE) was 94.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Løvegård ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.