LØVGÅRDEN A/S — Credit Rating and Financial Key Figures

CVR number: 24761916
Tuborgvej 5, 2900 Hellerup
anders.hvass@advofirma.dk
tel: 33143949

Company information

Official name
LØVGÅRDEN A/S
Personnel
3 persons
Established
1933
Company form
Limited company
Industry

About LØVGÅRDEN A/S

LØVGÅRDEN A/S (CVR number: 24761916) is a company from KØBENHAVN. The company reported a net sales of 25.8 mDKK in 2023, demonstrating a growth of 4.8 % compared to the previous year. The operating profit percentage was poor at -25 % (EBIT: -6.4 mDKK), while net earnings were -7300.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LØVGÅRDEN A/S's liquidity measured by quick ratio was 3.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales20 553.0022 640.0023 612.0024 591.5525 769.04
Gross profit12 298.0013 688.0011 571.0013 166.7314 925.29
EBIT14 450.0050 687.008 590.00264.27-6 432.60
Net earnings9 181.0036 322.003 540.00-1 817.60-7 300.41
Shareholders equity total387 107.00417 056.00420 096.00412 778.70401 478.29
Balance sheet total (assets)641 122.00692 128.00695 911.00692 535.45678 637.18
Net debt137 203.00148 276.00157 279.00158 457.86156 829.74
Profitability
EBIT-%70.3 %223.9 %36.4 %1.1 %-25.0 %
ROA3.0 %7.6 %1.2 %0.0 %-0.9 %
ROE3.3 %9.0 %0.8 %-0.4 %-1.8 %
ROI3.0 %7.7 %1.2 %0.0 %-0.9 %
Economic value added (EVA)-1 238.6213 949.63-21 435.25-28 630.74-33 709.74
Solvency
Equity ratio60.4 %60.3 %60.4 %59.6 %59.2 %
Gearing38.8 %38.8 %38.5 %40.0 %41.0 %
Relative net indebtedness %709.3 %691.8 %699.0 %679.5 %641.5 %
Liquidity
Quick ratio1.11.02.52.03.2
Current ratio1.11.02.52.03.2
Cash and cash equivalents13 046.0013 684.004 255.006 657.817 876.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4.7 %-1.3 %16.7 %14.3 %22.1 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:-0.94%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.2%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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