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 -139 kDKK in 2023. The operating profit was -139 kDKK, while net earnings were 1969 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.8 %, 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 13.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 439.00 | - 424.00 | - 132.00 | - 532.00 | - 139.00 |
EBIT | - 439.00 | - 424.00 | - 132.00 | - 532.00 | - 139.00 |
Net earnings | 7 593.00 | -1 015.00 | - 640.00 | -1 040.00 | 1 969.00 |
Shareholders equity total | 12 400.00 | 11 385.00 | 10 745.00 | 9 705.00 | 11 674.00 |
Balance sheet total (assets) | 47 442.00 | 25 444.00 | 23 164.00 | 19 391.00 | 12 578.00 |
Net debt | 2 663.00 | 3 611.00 | 6 449.00 | -2 542.00 | - 247.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.9 % | -1.2 % | -0.5 % | -2.4 % | 14.5 % |
ROE | 88.3 % | -8.5 % | -5.8 % | -10.2 % | 18.4 % |
ROI | -1.0 % | -1.3 % | -0.6 % | -2.4 % | 14.6 % |
Economic value added (EVA) | 1 211.74 | 535.34 | - 340.46 | - 667.52 | -14.64 |
Solvency | |||||
Equity ratio | 26.1 % | 44.7 % | 46.4 % | 50.0 % | 92.8 % |
Gearing | 262.8 % | 90.2 % | 114.6 % | 99.4 % | 6.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 6.5 | 10.1 | 2.0 | 13.9 |
Current ratio | 1.9 | 6.5 | 10.1 | 2.0 | 13.9 |
Cash and cash equivalents | 29 927.00 | 6 660.00 | 5 866.00 | 12 184.00 | 970.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | B |
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