Løvgren & Sørensen ApS — Credit Rating and Financial Key Figures

CVR number: 70844516
Hovedgade 53 B, Snogebæk 3730 Nexø

Credit rating

Company information

Official name
Løvgren & Sørensen ApS
Established
1982
Domicile
Snogebæk
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About Løvgren & Sørensen ApS

Løvgren & Sørensen ApS (CVR number: 70844516) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -9.4 kDKK in 2023. The operating profit was -9.4 kDKK, while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.8 %, 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. Løvgren & Sørensen ApS's liquidity measured by quick ratio was 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-39.61-17.23-6.67-6.75-9.41
EBIT-39.61-17.23-6.67-6.75-9.41
Net earnings-31.72-13.44-4.79-5.27-6.64
Shareholders equity total176.88163.44158.65153.38146.74
Balance sheet total (assets)467.56310.96306.08302.10294.88
Net debt289.88147.51-1.420.54-1.01
Profitability
EBIT-%
ROA-8.6 %-4.4 %-2.0 %-2.2 %-3.1 %
ROE-16.5 %-7.9 %-3.0 %-3.4 %-4.4 %
ROI-8.6 %-4.4 %-2.6 %-4.3 %-6.2 %
Economic value added (EVA)-42.13-22.29-13.43-13.16-14.41
Solvency
Equity ratio37.8 %52.6 %51.8 %50.8 %49.8 %
Gearing164.3 %90.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.02.0
Current ratio2.12.02.0
Cash and cash equivalents0.791.421.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.10%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-12-21T09:43:11.506Z

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