LØVENKJÆR HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24223892
Vejlemosevej 8 A, 2840 Holte

Company information

Official name
LØVENKJÆR HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About LØVENKJÆR HOLDING ApS

LØVENKJÆR HOLDING ApS (CVR number: 24223892) is a company from RUDERSDAL. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was poor at -26.1 % (EBIT: -0 mDKK), while net earnings were 1908.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LØVENKJÆR HOLDING ApS's liquidity measured by quick ratio was 27.5 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 sales147.03159.19136.12151.01147.19
Gross profit110.70112.1893.65109.7267.38
EBIT4.956.43-12.103.97-38.37
Net earnings1 313.031 239.491 472.52-2 358.651 908.80
Shareholders equity total19 959.2320 398.7221 071.2418 212.5919 621.39
Balance sheet total (assets)20 100.2620 550.6021 133.9918 276.3919 693.59
Net debt-2 459.48- 494.02- 165.27- 638.01- 455.46
Profitability
EBIT-%3.4 %4.0 %-8.9 %2.6 %-26.1 %
ROA8.0 %8.0 %9.1 %-12.0 %10.8 %
ROE6.7 %6.1 %7.1 %-12.0 %10.1 %
ROI8.0 %8.1 %9.2 %-12.0 %10.9 %
Economic value added (EVA)- 725.20- 744.70- 887.26- 927.61- 809.84
Solvency
Equity ratio99.3 %99.3 %99.7 %99.7 %99.6 %
Gearing
Relative net indebtedness %-1576.9 %-214.9 %-75.3 %-380.3 %-260.4 %
Liquidity
Quick ratio21.56.219.226.727.5
Current ratio21.56.219.226.727.5
Cash and cash equivalents2 459.48494.02165.27638.01455.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1965.3 %494.8 %838.0 %1087.2 %1299.4 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.8%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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