LOWELL FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOWELL FINANS A/S
LOWELL FINANS A/S (CVR number: 17473182) is a company from HORSENS. The company recorded a gross profit of -117 kDKK in 2024. The operating profit was -117 kDKK, while net earnings were 213 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOWELL FINANS A/S's liquidity measured by quick ratio was 27.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 424.00 | - 132.00 | - 532.00 | - 155.00 | - 117.00 |
EBIT | - 424.00 | - 132.00 | - 532.00 | - 155.00 | - 117.00 |
Net earnings | -1 015.00 | - 640.00 | -1 040.00 | 85.00 | 213.00 |
Shareholders equity total | 11 385.00 | 10 745.00 | 12 184.00 | 12 269.00 | 12 482.00 |
Balance sheet total (assets) | 25 444.00 | 23 164.00 | 19 391.00 | 12 774.00 | 12 919.00 |
Net debt | 3 611.00 | 6 449.00 | -2 542.00 | - 646.00 | - 666.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | -0.5 % | -2.4 % | 0.8 % | 2.2 % |
ROE | -8.5 % | -5.8 % | -9.1 % | 0.7 % | 1.7 % |
ROI | -1.3 % | -0.6 % | -2.4 % | 0.8 % | 2.3 % |
Economic value added (EVA) | -2 606.14 | -1 191.24 | -1 581.12 | -1 093.06 | - 724.08 |
Solvency | |||||
Equity ratio | 44.7 % | 46.4 % | 50.0 % | 96.0 % | 96.6 % |
Gearing | 90.2 % | 114.6 % | 79.1 % | 2.6 % | 2.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.5 | 10.1 | 2.0 | 23.4 | 27.3 |
Current ratio | 6.5 | 10.1 | 2.0 | 23.4 | 27.3 |
Cash and cash equivalents | 6 660.00 | 5 866.00 | 12 184.00 | 970.00 | 993.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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