LOVISION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOVISION ApS
LOVISION ApS (CVR number: 40178678) is a company from AALBORG. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -116.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.2 %, which can be considered poor and Return on Equity (ROE) was -2.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LOVISION ApS's liquidity measured by quick ratio was 16.8 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 | 13.16 | -2.21 | |||
Gross profit | 69.49 | 3.16 | -1.12 | 13.16 | -2.21 |
EBIT | 24.59 | 3.16 | -1.12 | 13.16 | -2.21 |
Net earnings | 17.65 | 1.89 | -2.75 | 10.03 | -2.21 |
Shareholders equity total | 67.65 | 69.54 | 66.78 | 76.81 | 74.60 |
Balance sheet total (assets) | 91.34 | 76.13 | 66.78 | 84.87 | 118.40 |
Net debt | -61.34 | -46.13 | -36.78 | -54.87 | -6.46 |
Profitability | |||||
EBIT-% | 100.0 % | ||||
ROA | 26.9 % | 3.8 % | -1.6 % | 17.4 % | -2.2 % |
ROE | 26.1 % | 2.8 % | -4.0 % | 14.0 % | -2.9 % |
ROI | 36.3 % | 4.6 % | -1.6 % | 18.3 % | -2.3 % |
Economic value added (EVA) | 18.29 | 4.35 | -0.79 | 10.26 | -1.81 |
Solvency | |||||
Equity ratio | 74.1 % | 91.3 % | 100.0 % | 90.5 % | 63.0 % |
Gearing | 54.9 % | ||||
Relative net indebtedness % | -355.7 % | 164.2 % | |||
Liquidity | |||||
Quick ratio | 2.6 | 7.0 | 6.8 | 16.8 | |
Current ratio | 2.6 | 7.0 | 6.8 | 16.8 | |
Cash and cash equivalents | 61.34 | 46.13 | 36.78 | 54.87 | 47.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 355.7 % | -2017.2 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
Variable visualization
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