LØVBJERG DETAIL ApS — Credit Rating and Financial Key Figures

CVR number: 71381218
Strandkærvej 5, 8700 Horsens
tg@loevbjerg-gruppen.dk
tel: 75648400

Credit rating

Company information

Official name
LØVBJERG DETAIL ApS
Personnel
3 persons
Established
1982
Company form
Private limited company
Industry

About LØVBJERG DETAIL ApS

LØVBJERG DETAIL ApS (CVR number: 71381218K) is a company from HORSENS. The company reported a net sales of 1328.7 mDKK in 2022, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 27.1 mDKK), while net earnings were 19.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47 %, 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. LØVBJERG DETAIL ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales1 041.921 049.021 236.351 290.401 328.66
Gross profit171.56176.84234.75232.63218.29
EBIT14.2817.8856.4043.2127.13
Net earnings9.4512.4941.5131.8819.76
Shareholders equity total155.31167.80192.50214.11233.87
Balance sheet total (assets)430.70472.88524.62491.36497.19
Net debt123.03115.94104.9864.2042.53
Profitability
EBIT-%1.4 %1.7 %4.6 %3.3 %2.0 %
ROA3.3 %4.0 %11.3 %8.5 %5.6 %
ROE6.2 %7.7 %23.0 %15.7 %8.8 %
ROI4.6 %5.3 %15.3 %11.8 %8.0 %
Economic value added (EVA)-2.260.7030.1720.398.00
Solvency
Equity ratio36.1 %35.5 %36.7 %43.6 %47.0 %
Gearing101.7 %105.3 %91.1 %56.8 %38.0 %
Relative net indebtedness %22.6 %22.5 %20.2 %16.0 %14.9 %
Liquidity
Quick ratio0.40.60.60.50.6
Current ratio1.11.21.21.11.2
Cash and cash equivalents34.8860.7370.3257.5146.32
Capital use efficiency
Trade debtors turnover (days)0.20.30.30.20.3
Net working capital %0.9 %2.5 %2.4 %0.8 %2.3 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:5.63%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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