LINDE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10003466
Gl. Strandvej 11, 6000 Kolding
tel: 86945671

Credit rating

Company information

Official name
LINDE HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About LINDE HOLDING ApS

LINDE HOLDING ApS (CVR number: 10003466) is a company from KOLDING. The company reported a net sales of -3.6 mDKK in 2023, demonstrating a decline of 252.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -4.5 mDKK), while net earnings were -16.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINDE HOLDING ApS's liquidity measured by quick ratio was 5.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales-3 108.17-1 721.10-3 270.79-1 033.35-3 646.19
Gross profit-2 925.80-1 873.53-3 266.90-1 025.56-4 249.02
EBIT-3 430.68-2 380.60-3 712.18-1 420.28-4 478.04
Net earnings8 595.5812 592.1824 441.50-28 775.65-16 717.02
Shareholders equity total115 674.18128 243.69152 619.18124 104.68107 550.57
Balance sheet total (assets)128 214.89144 750.76163 737.36134 793.41118 768.41
Net debt-56 725.90-76 822.29-96 814.81-45 431.92-40 665.67
Profitability
EBIT-%
ROA11.5 %14.0 %21.5 %2.2 %1.4 %
ROE7.7 %10.3 %17.4 %-20.8 %-14.4 %
ROI13.5 %15.6 %23.5 %-0.5 %-11.5 %
Economic value added (EVA)-3 994.74-4 179.80-4 563.95-3 057.82-7 655.11
Solvency
Equity ratio90.2 %88.6 %93.2 %92.1 %90.6 %
Gearing0.3 %0.3 %5.1 %7.0 %
Relative net indebtedness %1434.0 %3529.4 %2630.5 %4033.4 %1029.8 %
Liquidity
Quick ratio5.75.09.86.05.3
Current ratio5.75.09.86.05.3
Cash and cash equivalents57 110.5777 251.9096 814.8151 811.1148 210.67
Capital use efficiency
Trade debtors turnover (days)- 106.9- 203.3- 130.6- 404.9- 112.1
Net working capital %-96.9 %403.9 %30.2 %72.8 %75.1 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:1.40%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.6%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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