Credit rating
Company information
About Linnet Engineering ApS
Linnet Engineering ApS (CVR number: 42503339) is a company from AABENRAA. The company recorded a gross profit of 558 kDKK in 2024. The operating profit was -85.2 kDKK, while net earnings were -68.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -78.4 %, which can be considered poor and Return on Equity (ROE) was -92.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Linnet Engineering ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 343.91 | 80.91 | 565.67 | 557.97 |
EBIT | 171.44 | -73.26 | -15.07 | -85.17 |
Net earnings | 132.67 | -61.19 | -12.04 | -68.89 |
Shareholders equity total | 173.19 | 12.00 | -0.04 | -68.93 |
Balance sheet total (assets) | 284.99 | 70.46 | 68.24 | 79.99 |
Net debt | - 237.36 | -32.99 | 6.75 | 94.71 |
Profitability | ||||
EBIT-% | ||||
ROA | 60.2 % | -41.2 % | -21.7 % | -78.4 % |
ROE | 76.6 % | -66.1 % | -30.0 % | -92.9 % |
ROI | 99.0 % | -74.1 % | -80.9 % | -158.7 % |
Economic value added (EVA) | 133.33 | -56.02 | -10.09 | -66.16 |
Solvency | ||||
Equity ratio | 60.8 % | 17.0 % | -0.1 % | -46.3 % |
Gearing | 105.4 % | -28725.0 % | -137.4 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 2.5 | 1.2 | 1.0 | 0.5 |
Current ratio | 2.5 | 1.2 | 1.0 | 0.5 |
Cash and cash equivalents | 237.36 | 45.63 | 5.89 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BBB | BBB |
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