Løftgren Ring Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40318038
Brinken 50, Mogenstrup 4700 Næstved

Credit rating

Company information

Official name
Løftgren Ring Holding ApS
Established
2019
Domicile
Mogenstrup
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4.06-1.25-2.73-1.88-1.97
EBIT4.06-1.25-2.73-1.88-1.97
Net earnings-11.54-17.46105.74181.14380.90
Shareholders equity total15.90-1.5646.98169.22489.12
Balance sheet total (assets)418.99417.60463.26602.22922.80
Net debt382.85400.31351.02228.91-91.12
Profitability
EBIT-%
ROA1.0 %-0.3 %27.8 %37.2 %52.2 %
ROE-53.2 %-8.1 %45.5 %167.6 %115.7 %
ROI1.0 %-0.3 %27.9 %37.3 %52.3 %
Economic value added (EVA)-16.73-22.24-23.65-25.05-32.14
Solvency
Equity ratio3.8 %-0.4 %10.1 %28.1 %53.0 %
Gearing2527.6 %-26755.0 %881.9 %254.8 %88.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.51.2
Current ratio0.00.00.20.51.2
Cash and cash equivalents18.9917.6063.26202.22522.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:52.2%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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