Linnet Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Linnet Group ApS
Linnet Group ApS (CVR number: 42644684) is a company from AABENRAA. The company recorded a gross profit of -6 kDKK in 2024. The operating profit was -6 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.1 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Linnet Group ApS's liquidity measured by quick ratio was 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 financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -5.00 | -3.80 | -6.00 | -6.00 |
EBIT | -5.00 | -3.80 | -6.00 | -6.00 |
Net earnings | -3.90 | 96.44 | -4.78 | -4.91 |
Shareholders equity total | 36.62 | 83.06 | 78.29 | 73.38 |
Balance sheet total (assets) | 53.16 | 100.09 | 85.38 | 81.63 |
Net debt | -46.06 | -28.03 | -19.98 | |
Profitability | ||||
EBIT-% | ||||
ROA | -9.4 % | 125.5 % | -6.5 % | -7.1 % |
ROE | -10.6 % | 161.2 % | -5.9 % | -6.5 % |
ROI | -13.7 % | 160.8 % | -7.4 % | -7.8 % |
Economic value added (EVA) | -3.90 | -3.58 | -4.50 | -5.20 |
Solvency | ||||
Equity ratio | 68.9 % | 83.0 % | 91.7 % | 89.9 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 3.5 | 6.3 | 5.0 |
Current ratio | 0.8 | 3.5 | 6.3 | 5.0 |
Cash and cash equivalents | 46.06 | 28.03 | 19.98 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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