LINNET & LANGE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINNET & LANGE ApS
LINNET & LANGE ApS (CVR number: 10668182) is a company from ROSKILDE. The company recorded a gross profit of -67.2 kDKK in 2023. The operating profit was -67.2 kDKK, while net earnings were -1606.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent but Return on Equity (ROE) was -59.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. LINNET & LANGE ApS's liquidity measured by quick ratio was 3.5 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 | -46.84 | 20.95 | -78.22 | -76.60 | -67.16 |
EBIT | -46.84 | 20.95 | -78.22 | -76.60 | -67.16 |
Net earnings | 294.70 | 998.04 | 634.31 | -1 560.37 | -1 606.84 |
Shareholders equity total | 3 632.73 | 4 575.47 | 5 153.27 | 3 535.70 | 1 869.96 |
Balance sheet total (assets) | 4 774.13 | 6 395.89 | 6 378.72 | 4 023.19 | 2 602.15 |
Net debt | -1 768.84 | -2 849.91 | -3 797.07 | -1 670.76 | -1 758.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.1 % | 23.0 % | 13.5 % | 6.9 % | 20.8 % |
ROE | 8.4 % | 24.3 % | 13.0 % | -35.9 % | -59.5 % |
ROI | 8.0 % | 23.5 % | 14.1 % | -9.2 % | 10.3 % |
Economic value added (EVA) | 15.89 | 54.37 | -44.62 | -97.56 | - 129.92 |
Solvency | |||||
Equity ratio | 76.1 % | 71.5 % | 80.8 % | 87.9 % | 71.9 % |
Gearing | 30.0 % | 35.9 % | 16.7 % | 13.8 % | 39.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.0 | 2.5 | 3.8 | 4.5 | 3.5 |
Current ratio | 4.0 | 2.5 | 3.8 | 4.5 | 3.5 |
Cash and cash equivalents | 2 859.24 | 4 490.67 | 4 657.08 | 2 158.25 | 2 490.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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