LYNGFELDT A/S — Credit Rating and Financial Key Figures

CVR number: 24211177
Langskovvej 4, Langskov 8370 Hadsten
tel: 86914440

Credit rating

Company information

Official name
LYNGFELDT A/S
Personnel
39 persons
Established
1999
Domicile
Langskov
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LYNGFELDT A/S

LYNGFELDT A/S (CVR number: 24211177) is a company from FAVRSKOV. The company recorded a gross profit of 28.2 mDKK in 2023. The operating profit was 6118.4 kDKK, while net earnings were 4373 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. LYNGFELDT A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit18 902.0019 775.0023 322.0027 250.8528 220.38
EBIT1 139.001 358.003 565.006 871.876 118.45
Net earnings837.001 110.002 732.005 270.324 373.00
Shareholders equity total20 837.0021 110.0022 732.0025 270.3224 874.74
Balance sheet total (assets)89 471.0092 941.0098 983.00120 588.89138 856.39
Net debt25 361.5944 021.75
Profitability
EBIT-%
ROA1.3 %1.5 %3.7 %6.4 %5.0 %
ROE3.9 %5.3 %12.5 %22.0 %17.4 %
ROI1.5 %1.5 %3.7 %9.2 %10.5 %
Economic value added (EVA)55.10310.942 504.224 219.313 686.05
Solvency
Equity ratio100.0 %100.0 %100.0 %20.9 %17.9 %
Gearing115.1 %177.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.6
Current ratio1.21.2
Cash and cash equivalents3 725.7718.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:4.99%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.9%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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