LØVLUND DAMBRUG ApS — Credit Rating and Financial Key Figures

CVR number: 12593589
Annexvej 9 A, 7190 Billund
loevlund@mail.dk
tel: 60404420

Credit rating

Company information

Official name
LØVLUND DAMBRUG ApS
Personnel
3 persons
Established
1988
Company form
Private limited company
Industry
  • Expand more icon03Fishing and aquaculture

About LØVLUND DAMBRUG ApS

LØVLUND DAMBRUG ApS (CVR number: 12593589) is a company from BILLUND. The company recorded a gross profit of 2451.9 kDKK in 2023. The operating profit was 178.1 kDKK, while net earnings were -70.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LØVLUND DAMBRUG ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit3 848.482 872.251 540.102 549.752 451.92
EBIT620.59- 239.97-1 373.55- 111.52178.13
Net earnings213.56- 779.73-1 623.92- 708.45-70.62
Shareholders equity total2 213.561 433.83- 190.0917 078.1017 007.48
Balance sheet total (assets)23 270.2821 465.3018 894.2023 751.7322 319.25
Net debt17 390.6017 312.3817 036.604 964.053 163.95
Profitability
EBIT-%
ROA2.6 %-1.1 %-6.8 %-0.5 %0.8 %
ROE4.2 %-42.8 %-16.0 %-3.9 %-0.4 %
ROI2.8 %-1.2 %-7.2 %-0.5 %0.8 %
Economic value added (EVA)-51.30- 372.36-1 193.93-97.87- 737.81
Solvency
Equity ratio9.5 %6.7 %-1.0 %71.9 %76.2 %
Gearing814.2 %1236.3 %-9343.0 %29.1 %18.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.40.2
Current ratio0.40.40.32.53.0
Cash and cash equivalents631.98414.79723.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:0.77%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.2%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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