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LYNGE OLSEN INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNGE OLSEN INVEST A/S
LYNGE OLSEN INVEST A/S (CVR number: 30554310) is a company from KØGE. The company recorded a gross profit of -35.5 kDKK in 2024. The operating profit was -158.5 kDKK, while net earnings were -176.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LYNGE OLSEN INVEST A/S's liquidity measured by quick ratio was 26.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 009.94 | - 244.96 | -60.87 | - 104.57 | -35.45 |
| EBIT | 1 009.94 | - 934.88 | - 165.35 | - 145.37 | - 158.55 |
| Net earnings | 591.23 | - 924.58 | - 198.61 | - 177.56 | - 176.15 |
| Shareholders equity total | 1 439.54 | 514.96 | 316.35 | 138.79 | -37.36 |
| Balance sheet total (assets) | 7 870.09 | 5 761.15 | 5 094.22 | 1 305.36 | 3 444.98 |
| Net debt | 4 378.24 | 1 289.11 | 4 255.39 | 970.18 | 3 369.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 8.3 % | -13.5 % | -1.3 % | 1.3 % | 0.1 % |
| ROE | 51.7 % | -94.6 % | -47.8 % | -78.0 % | -9.8 % |
| ROI | 9.0 % | -17.0 % | -1.5 % | 1.4 % | 0.1 % |
| Economic value added (EVA) | -87.39 | -1 180.26 | - 348.53 | - 363.98 | - 192.91 |
| Solvency | |||||
| Equity ratio | 18.3 % | 8.9 % | 6.2 % | 10.6 % | -1.1 % |
| Gearing | 348.6 % | 747.5 % | 1476.3 % | 817.5 % | -9067.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 0.9 | 38.1 | 12.1 | 26.7 |
| Current ratio | 0.8 | 0.9 | 38.1 | 12.1 | 26.7 |
| Cash and cash equivalents | 640.48 | 2 560.43 | 414.76 | 164.40 | 18.35 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | B | BB | BB | BB |
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