LINDEX A/S — Credit Rating and Financial Key Figures

CVR number: 29211221
Kåsvej 23, Strib 5500 Middelfart

Credit rating

Company information

Official name
LINDEX A/S
Established
2005
Domicile
Strib
Company form
Limited company
Industry

About LINDEX A/S

LINDEX A/S (CVR number: 29211221) is a company from MIDDELFART. The company recorded a gross profit of 314.3 kDKK in 2024. The operating profit was 115.2 kDKK, while net earnings were -92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LINDEX A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit409.00221.00301.00493.00314.25
EBIT228.0036.00103.00295.00115.22
Net earnings87.00- 102.00-38.0060.00-92.20
Shareholders equity total3 153.003 051.003 013.003 072.002 980.41
Balance sheet total (assets)7 239.007 079.006 461.006 709.007 068.74
Net debt2 808.003 076.002 763.002 537.002 523.30
Profitability
EBIT-%
ROA3.2 %0.5 %1.5 %4.6 %1.9 %
ROE1.8 %-3.3 %-1.3 %2.0 %-3.0 %
ROI3.2 %0.5 %1.5 %4.6 %1.9 %
Economic value added (EVA)- 174.04- 331.31- 274.84-93.29- 246.10
Solvency
Equity ratio43.6 %43.1 %46.6 %45.8 %42.2 %
Gearing125.3 %129.5 %111.4 %115.3 %133.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.30.4
Current ratio0.30.30.20.30.4
Cash and cash equivalents1 144.00874.00592.001 004.001 444.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:1.91%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.2%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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