Løvgren & Sørensen ApS — Credit Rating and Financial Key Figures

CVR number: 70844516
Hovedgade 53 B, Snogebæk 3730 Nexø
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Company information

Official name
Løvgren & Sørensen ApS
Established
1982
Domicile
Snogebæk
Company form
Private limited company
Industry

About Løvgren & Sørensen ApS

Løvgren & Sørensen ApS (CVR number: 70844516) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of -9 kDKK in 2024. The operating profit was -9 kDKK, while net earnings were -7 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 -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-17.23-6.67-6.75-9.41-8.98
EBIT-17.23-6.67-6.75-9.41-8.98
Net earnings-13.44-4.79-5.27-6.64-6.96
Shareholders equity total163.44158.65153.38146.74139.78
Balance sheet total (assets)310.96306.08302.10294.88287.91
Net debt143.51-1.420.54-1.01-8.88
Profitability
EBIT-%
ROA-4.4 %-2.0 %-2.2 %-3.1 %-3.1 %
ROE-7.9 %-3.0 %-3.4 %-4.4 %-4.9 %
ROI-4.6 %-2.6 %-4.3 %-6.2 %-6.2 %
Economic value added (EVA)-35.52-20.63-13.24-14.44-14.38
Solvency
Equity ratio52.6 %51.8 %50.8 %49.8 %48.6 %
Gearing87.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.02.01.9
Current ratio2.12.02.01.9
Cash and cash equivalents1.421.018.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.06%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.6%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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