Løvgren & Sørensen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
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 total | 176.88 | 163.44 | 158.65 | 153.38 | 146.74 |
Balance sheet total (assets) | 467.56 | 310.96 | 306.08 | 302.10 | 294.88 |
Net debt | 289.88 | 147.51 | -1.42 | 0.54 | -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 ratio | 37.8 % | 52.6 % | 51.8 % | 50.8 % | 49.8 % |
Gearing | 164.3 % | 90.3 % | 0.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.0 | 2.0 | ||
Current ratio | 2.1 | 2.0 | 2.0 | ||
Cash and cash equivalents | 0.79 | 1.42 | 1.01 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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