LØVEN ApS — Credit Rating and Financial Key Figures

CVR number: 19931218
Sortedam Dossering 63 A, 2100 København Ø

Credit rating

Company information

Official name
LØVEN ApS
Personnel
1 person
Established
1846
Company form
Private limited company
Industry

About LØVEN ApS

LØVEN ApS (CVR number: 19931218) is a company from KØBENHAVN. The company recorded a gross profit of -25.1 kDKK in 2023. The operating profit was -175.1 kDKK, while net earnings were -355 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LØVEN ApS's liquidity measured by quick ratio was 92.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-32.64-34.18-37.53-33.14-25.11
EBIT- 222.64- 224.18- 312.53-33.14- 175.11
Net earnings298.39-66.33-76.52- 371.83- 355.04
Shareholders equity total3 862.383 796.053 719.533 347.712 930.67
Balance sheet total (assets)3 882.893 839.693 804.633 407.592 962.79
Net debt-3 425.67-3 377.71-3 290.66-2 880.67-2 956.71
Profitability
EBIT-%
ROA8.0 %-1.6 %-1.9 %-0.1 %3.6 %
ROE8.0 %-1.7 %-2.0 %-10.5 %-11.3 %
ROI8.0 %-1.7 %-2.0 %-0.1 %3.7 %
Economic value added (EVA)- 228.42- 246.12- 333.55-52.43- 196.32
Solvency
Equity ratio99.5 %98.9 %97.8 %98.2 %98.9 %
Gearing0.0 %0.0 %1.2 %1.3 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio189.488.044.756.992.2
Current ratio189.488.044.756.992.2
Cash and cash equivalents3 425.773 377.803 335.542 925.552 957.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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