LOWELL FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 17473182
Langmarksvej 57 D, 8700 Horsens
tel: 70268601

Company information

Official name
LOWELL FINANS A/S
Established
1993
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings7 593.00-1 015.00- 640.00-1 040.001 969.00
Shareholders equity total12 400.0011 385.0010 745.009 705.0011 674.00
Balance sheet total (assets)47 442.0025 444.0023 164.0019 391.0012 578.00
Net debt2 663.003 611.006 449.00-2 542.00- 247.00
Profitability
EBIT-%
ROA-0.9 %-1.2 %-0.5 %-2.4 %14.5 %
ROE88.3 %-8.5 %-5.8 %-10.2 %18.4 %
ROI-1.0 %-1.3 %-0.6 %-2.4 %14.6 %
Economic value added (EVA)1 211.74535.34- 340.46- 667.52-14.64
Solvency
Equity ratio26.1 %44.7 %46.4 %50.0 %92.8 %
Gearing262.8 %90.2 %114.6 %99.4 %6.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.96.510.12.013.9
Current ratio1.96.510.12.013.9
Cash and cash equivalents29 927.006 660.005 866.0012 184.00970.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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