Credit rating
Company information
About Løvvang A/S
Løvvang A/S (CVR number: 36908726) is a company from ESBJERG. The company recorded a gross profit of -7.9 kDKK in 2018. The operating profit was -19.9 kDKK, while net earnings were -15.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Løvvang A/S's liquidity measured by quick ratio was 20.9 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 financials2016 | 2017 | 2018 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -27.28 | -10.42 | -7.94 |
EBIT | -39.28 | -22.42 | -19.94 |
Net earnings | -43.38 | -29.67 | -15.89 |
Shareholders equity total | 256.67 | 226.99 | 211.10 |
Balance sheet total (assets) | 968.35 | 847.22 | 221.10 |
Net debt | 607.31 | 610.22 | -0.31 |
Profitability | |||
EBIT-% | |||
ROA | -3.3 % | 1.3 % | -0.3 % |
ROE | -16.9 % | -12.3 % | -7.3 % |
ROI | -3.8 % | 1.3 % | -0.3 % |
Economic value added (EVA) | -39.28 | -35.32 | -28.28 |
Solvency | |||
Equity ratio | 26.5 % | 26.8 % | 95.5 % |
Gearing | 236.6 % | 268.8 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.3 | 1.3 | 20.9 |
Current ratio | 1.3 | 1.3 | 20.9 |
Cash and cash equivalents | 0.31 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | B |
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