LØVGÅRDEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20 553.00 | 22 640.00 | 23 612.00 | 24 591.55 | 25 769.04 |
Gross profit | 12 298.00 | 13 688.00 | 11 571.00 | 13 166.73 | 14 925.29 |
EBIT | 14 450.00 | 50 687.00 | 8 590.00 | 264.27 | -6 432.60 |
Net earnings | 9 181.00 | 36 322.00 | 3 540.00 | -1 817.60 | -7 300.41 |
Shareholders equity total | 387 107.00 | 417 056.00 | 420 096.00 | 412 778.70 | 401 478.29 |
Balance sheet total (assets) | 641 122.00 | 692 128.00 | 695 911.00 | 692 535.45 | 678 637.18 |
Net debt | 137 203.00 | 148 276.00 | 157 279.00 | 158 457.86 | 156 829.74 |
Profitability | |||||
EBIT-% | 70.3 % | 223.9 % | 36.4 % | 1.1 % | -25.0 % |
ROA | 3.0 % | 7.6 % | 1.2 % | 0.0 % | -0.9 % |
ROE | 3.3 % | 9.0 % | 0.8 % | -0.4 % | -1.8 % |
ROI | 3.0 % | 7.7 % | 1.2 % | 0.0 % | -0.9 % |
Economic value added (EVA) | -1 238.62 | 13 949.63 | -21 435.25 | -28 630.74 | -33 709.74 |
Solvency | |||||
Equity ratio | 60.4 % | 60.3 % | 60.4 % | 59.6 % | 59.2 % |
Gearing | 38.8 % | 38.8 % | 38.5 % | 40.0 % | 41.0 % |
Relative net indebtedness % | 709.3 % | 691.8 % | 699.0 % | 679.5 % | 641.5 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 2.5 | 2.0 | 3.2 |
Current ratio | 1.1 | 1.0 | 2.5 | 2.0 | 3.2 |
Cash and cash equivalents | 13 046.00 | 13 684.00 | 4 255.00 | 6 657.81 | 7 876.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4.7 % | -1.3 % | 16.7 % | 14.3 % | 22.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | AA |
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