LINNET & LANGE ApS — Credit Rating and Financial Key Figures

CVR number: 10668182
Fåborgvej 51, Himmelev 4000 Roskilde

Credit rating

Company information

Official name
LINNET & LANGE ApS
Established
1987
Domicile
Himmelev
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-46.8420.95-78.22-76.60-67.16
EBIT-46.8420.95-78.22-76.60-67.16
Net earnings294.70998.04634.31-1 560.37-1 606.84
Shareholders equity total3 632.734 575.475 153.273 535.701 869.96
Balance sheet total (assets)4 774.136 395.896 378.724 023.192 602.15
Net debt-1 768.84-2 849.91-3 797.07-1 670.76-1 758.68
Profitability
EBIT-%
ROA7.1 %23.0 %13.5 %6.9 %20.8 %
ROE8.4 %24.3 %13.0 %-35.9 %-59.5 %
ROI8.0 %23.5 %14.1 %-9.2 %10.3 %
Economic value added (EVA)15.8954.37-44.62-97.56- 129.92
Solvency
Equity ratio76.1 %71.5 %80.8 %87.9 %71.9 %
Gearing30.0 %35.9 %16.7 %13.8 %39.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.02.53.84.53.5
Current ratio4.02.53.84.53.5
Cash and cash equivalents2 859.244 490.674 657.082 158.252 490.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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