AKTIESELSKABET LØVSTRUP PLANTAGE — Credit Rating and Financial Key Figures

CVR number: 10798817
Højmarkvej 2, Finderup 6900 Skjern
tel: 97361002

Company information

Official name
AKTIESELSKABET LØVSTRUP PLANTAGE
Personnel
1 person
Established
1974
Domicile
Finderup
Company form
Limited company
Industry

About AKTIESELSKABET LØVSTRUP PLANTAGE

AKTIESELSKABET LØVSTRUP PLANTAGE (CVR number: 10798817) is a company from RINGKØBING-SKJERN. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a growth of 55.2 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 0.1 mDKK), while net earnings were 67.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AKTIESELSKABET LØVSTRUP PLANTAGE's liquidity measured by quick ratio was 9.8 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 sales1 619.59763.981 002.98485.01752.64
Gross profit27.88132.90-16.32-82.5869.45
EBIT- 241.3046.47-40.45- 106.7069.45
Net earnings- 179.8237.68-30.36-77.1867.60
Shareholders equity total13 829.5313 867.2113 836.8513 759.6713 827.27
Balance sheet total (assets)17 015.9916 983.0717 001.2716 876.2816 991.50
Net debt-1 873.94-1 460.43-1 846.52-1 664.53-1 850.22
Profitability
EBIT-%-14.9 %6.1 %-4.0 %-22.0 %9.2 %
ROA-1.4 %0.3 %-0.2 %-0.6 %0.4 %
ROE-1.3 %0.3 %-0.2 %-0.6 %0.5 %
ROI-1.4 %0.3 %-0.2 %-0.6 %0.4 %
Economic value added (EVA)- 787.33- 547.83- 652.16- 673.43- 540.29
Solvency
Equity ratio81.3 %81.7 %81.4 %81.5 %81.4 %
Gearing
Relative net indebtedness %-106.1 %-179.3 %-167.9 %-311.5 %-219.3 %
Liquidity
Quick ratio12.721.911.611.89.8
Current ratio12.721.912.412.510.2
Cash and cash equivalents1 873.941 460.431 846.521 664.531 850.22
Capital use efficiency
Trade debtors turnover (days)5.5221.91.688.341.7
Net working capital %113.2 %247.4 %185.4 %364.5 %244.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.42%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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