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Løvegård ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Løvegård ApS
Løvegård ApS (CVR number: 40705848) is a company from KALUNDBORG. The company reported a net sales of 8.1 mDKK in 2025, demonstrating a growth of 17.9 % compared to the previous year. The operating profit percentage was poor at -3.1 % (EBIT: -0.3 mDKK), while net earnings were -199.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.7 %, which can be considered poor and Return on Equity (ROE) was -98.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.8 %, 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 7.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 3 904.52 | 5 100.60 | 5 940.40 | 6 903.98 | 8 139.38 |
| Gross profit | 3 904.52 | 5 100.60 | 5 940.40 | 6 903.98 | 8 139.38 |
| EBIT | 64.77 | 118.19 | 451.17 | 312.28 | - 255.49 |
| Net earnings | 28.79 | 71.79 | 329.96 | 236.23 | - 199.21 |
| Shareholders equity total | - 303.30 | - 231.50 | 98.45 | 334.68 | 67.97 |
| Balance sheet total (assets) | 700.71 | 598.13 | 642.02 | 1 117.85 | 1 475.48 |
| Net debt | -33.89 | - 147.30 | - 250.50 | - 666.71 | - 415.59 |
| Profitability | |||||
| EBIT-% | 1.7 % | 2.3 % | 7.6 % | 4.5 % | -3.1 % |
| ROA | 7.8 % | 12.9 % | 61.3 % | 35.5 % | -19.7 % |
| ROE | 5.6 % | 11.1 % | 94.7 % | 109.1 % | -98.9 % |
| ROI | 22.1 % | 54.9 % | 246.4 % | 118.7 % | -126.9 % |
| Economic value added (EVA) | 52.09 | 93.23 | 352.26 | 228.19 | - 216.02 |
| Solvency | |||||
| Equity ratio | -41.6 % | -57.1 % | 24.1 % | 61.2 % | 28.8 % |
| Gearing | -84.0 % | -75.5 % | 94.5 % | ||
| Relative net indebtedness % | 18.3 % | 10.0 % | 3.4 % | 1.7 % | 12.2 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 1.2 | 1.4 | 4.4 | 7.7 |
| Current ratio | 0.6 | 0.5 | 0.8 | 1.2 | 0.9 |
| Cash and cash equivalents | 288.51 | 322.02 | 343.51 | 666.71 | 415.59 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 29.9 | ||||
| Net working capital % | -8.3 % | -6.9 % | -1.8 % | 2.1 % | -1.5 % |
| Credit risk | |||||
| Credit rating | B | B | BB | BB | B |
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