LEVRING & LEVRING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LEVRING & LEVRING A/S
LEVRING & LEVRING A/S (CVR number: 16605514) is a company from KØBENHAVN. The company recorded a gross profit of 2222.4 kDKK in 2023. The operating profit was -4249.4 kDKK, while net earnings were -735.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, 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 95.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LEVRING & LEVRING A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 827.68 | 8 532.50 | 6 480.11 | 5 239.89 | 2 222.37 |
EBIT | -2 754.57 | 6 348.45 | 25 226.25 | 330.03 | -4 249.38 |
Net earnings | 9 866.31 | 48 822.33 | 89 912.33 | -1 650.26 | - 735.28 |
Shareholders equity total | 185 463.31 | 234 285.64 | 328 487.97 | 184 937.71 | 184 302.43 |
Balance sheet total (assets) | 411 720.75 | 449 784.74 | 507 632.77 | 292 168.59 | 202 060.49 |
Net debt | 183 951.07 | 177 778.92 | 154 765.18 | 93 728.91 | 8 436.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 13.3 % | 21.8 % | 4.1 % | 0.3 % |
ROE | 5.4 % | 23.3 % | 32.0 % | -0.6 % | -0.4 % |
ROI | 4.3 % | 13.5 % | 22.3 % | 4.2 % | 0.4 % |
Economic value added (EVA) | -4 837.00 | 2 478.55 | 14 279.08 | -7 697.89 | -12 420.33 |
Solvency | |||||
Equity ratio | 79.0 % | 77.4 % | 81.9 % | 83.7 % | 95.2 % |
Gearing | 117.2 % | 86.3 % | 47.9 % | 51.1 % | 5.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.5 | 1.8 | 3.1 | 9.8 |
Current ratio | 0.9 | 0.5 | 3.6 | 3.8 | 9.8 |
Cash and cash equivalents | 33 384.66 | 24 502.44 | 2 453.15 | 711.16 | 1 798.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AAA | AA | A | A |
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