Løftgren Ring Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Løftgren Ring Holding ApS
Løftgren Ring Holding ApS (CVR number: 40318038) is a company from NÆSTVED. The company recorded a gross profit of -2 kDKK in 2024. The operating profit was -2 kDKK, while net earnings were 380.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.2 %, which can be considered excellent and Return on Equity (ROE) was 115.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Løftgren Ring Holding ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4.06 | -1.25 | -2.73 | -1.88 | -1.97 |
EBIT | 4.06 | -1.25 | -2.73 | -1.88 | -1.97 |
Net earnings | -11.54 | -17.46 | 105.74 | 181.14 | 380.90 |
Shareholders equity total | 15.90 | -1.56 | 46.98 | 169.22 | 489.12 |
Balance sheet total (assets) | 418.99 | 417.60 | 463.26 | 602.22 | 922.80 |
Net debt | 382.85 | 400.31 | 351.02 | 228.91 | -91.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | -0.3 % | 27.8 % | 37.2 % | 52.2 % |
ROE | -53.2 % | -8.1 % | 45.5 % | 167.6 % | 115.7 % |
ROI | 1.0 % | -0.3 % | 27.9 % | 37.3 % | 52.3 % |
Economic value added (EVA) | -16.73 | -22.24 | -23.65 | -25.05 | -32.14 |
Solvency | |||||
Equity ratio | 3.8 % | -0.4 % | 10.1 % | 28.1 % | 53.0 % |
Gearing | 2527.6 % | -26755.0 % | 881.9 % | 254.8 % | 88.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.2 | 0.5 | 1.2 |
Current ratio | 0.0 | 0.0 | 0.2 | 0.5 | 1.2 |
Cash and cash equivalents | 18.99 | 17.60 | 63.26 | 202.22 | 522.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
Variable visualization
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