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LINAK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINAK HOLDING A/S
LINAK HOLDING A/S (CVR number: 18939576K) is a company from SØNDERBORG. The company reported a net sales of 4198.4 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 7.5 % (EBIT: 315.6 mDKK), while net earnings were 390.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67.5 %, 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. LINAK HOLDING A/S's liquidity measured by quick ratio was 0.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 4 021.53 | 4 843.02 | 4 639.89 | 4 122.71 | 4 198.41 |
| Gross profit | 1 157.72 | 1 356.91 | 1 241.76 | 1 047.35 | 1 075.19 |
| EBIT | 571.71 | 689.26 | 548.17 | 390.61 | 315.62 |
| Net earnings | 745.00 | 608.68 | 498.91 | 628.42 | 390.74 |
| Shareholders equity total | 6 746.72 | 7 440.72 | 8 028.94 | 7 049.90 | 7 361.99 |
| Balance sheet total (assets) | 7 738.11 | 8 681.63 | 8 946.21 | 10 040.50 | 10 909.89 |
| Net debt | - 755.72 | - 904.20 | 1 314.77 | 973.26 | |
| Profitability | |||||
| EBIT-% | 14.2 % | 14.2 % | 11.8 % | 9.5 % | 7.5 % |
| ROA | 7.7 % | 14.6 % | 13.1 % | 11.0 % | 9.0 % |
| ROE | 11.6 % | 8.6 % | 6.6 % | 8.6 % | 5.7 % |
| ROI | 8.7 % | 16.5 % | 14.6 % | 12.1 % | 10.1 % |
| Economic value added (EVA) | 171.95 | 203.19 | 29.90 | - 104.45 | - 212.75 |
| Solvency | |||||
| Equity ratio | 87.2 % | 85.7 % | 89.7 % | 70.2 % | 67.5 % |
| Gearing | 2.1 % | 0.0 % | 28.9 % | 25.6 % | |
| Relative net indebtedness % | 22.2 % | 4.6 % | -2.0 % | 52.4 % | 60.0 % |
| Liquidity | |||||
| Quick ratio | 2.9 | 1.8 | 2.1 | 0.5 | 0.7 |
| Current ratio | 2.9 | 2.9 | 3.3 | 0.8 | 1.0 |
| Cash and cash equivalents | 910.79 | 904.20 | 721.01 | 908.65 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 63.0 | 47.6 | 54.9 | 58.9 | |
| Net working capital % | 41.5 % | 44.4 % | 40.2 % | -11.4 % | -1.3 % |
| Credit risk | |||||
| Credit rating | AA | AAA | AAA | AAA | AAA |
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