JENS LØVGREEN ApS — Credit Rating and Financial Key Figures

JENS LØVGREEN ApS (CVR number: 18069288) is a company from DRAGØR. The company recorded a gross profit of -31.8 kDKK in 2019. The operating profit was -31.8 kDKK, while net earnings were 146.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 62 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. JENS LØVGREEN ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.