L For Love ApS — Credit Rating and Financial Key Figures

CVR number: 37234877
Elmegade 18, 2200 København N
sabina@lust.dk

Credit rating

Company information

Official name
L For Love ApS
Personnel
6 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About L For Love ApS

L For Love ApS (CVR number: 37234877) is a company from KØBENHAVN. The company recorded a gross profit of 721.8 kDKK in 2023, demonstrating a growth of 65.3 % compared to the previous year. The operating profit was -676.9 kDKK, while net earnings were -678.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.7 %, which can be considered poor and Return on Equity (ROE) was -58.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -74.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. L For Love ApS's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales4 128.433 509.172 576.333 350.36
Gross profit1 137.16848.77169.64436.75721.84
EBIT- 212.22- 401.61- 778.67- 658.79- 676.88
Net earnings- 212.29- 401.92- 784.87- 661.37- 678.70
Shareholders equity total- 952.13-1 354.05-2 138.93-2 800.30-3 479.00
Balance sheet total (assets)1 145.791 294.451 185.991 123.401 205.86
Net debt-32.66- 206.33- 117.78-31.32-15.89
Profitability
EBIT-%-5.1 %-11.4 %-30.2 %-19.7 %
ROA-10.5 %-16.9 %-26.1 %-18.2 %-15.7 %
ROE-18.0 %-32.9 %-63.3 %-57.3 %-58.3 %
ROI
Economic value added (EVA)- 173.40- 352.12- 705.26- 546.79- 534.59
Solvency
Equity ratio-45.4 %-51.1 %-64.3 %-71.4 %-74.3 %
Gearing
Relative net indebtedness %50.0 %69.6 %124.5 %116.2 %
Liquidity
Quick ratio0.20.20.20.10.1
Current ratio0.50.50.40.30.3
Cash and cash equivalents32.66206.33117.7831.3215.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23.1 %-38.6 %-83.0 %-83.6 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-15.7%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-74.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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