OLE LYNGGAARD A/S
Credit rating
Company information
About OLE LYNGGAARD A/S
OLE LYNGGAARD A/S (CVR number: 83024917K) is a company from GENTOFTE. The company recorded a gross profit of 105.3 mDKK in 2023. The operating profit was 6237 kDKK, while net earnings were 632 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. OLE LYNGGAARD A/S's liquidity measured by quick ratio was 0.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 88 369.00 | 94 890.00 | 111 492.00 | 128 192.00 | 105 253.00 |
EBIT | 11 005.00 | 7 264.00 | 41 645.00 | 29 243.00 | 6 237.00 |
Net earnings | 8 958.00 | 4 453.00 | 31 595.00 | 18 268.00 | 632.00 |
Shareholders equity total | 88 720.00 | 92 722.00 | 125 467.00 | 104 493.00 | 88 409.00 |
Balance sheet total (assets) | 178 284.00 | 161 515.00 | 206 123.00 | 207 104.00 | 200 703.00 |
Net debt | 19 714.00 | -4 107.00 | -21 209.00 | -2 566.00 | 9 395.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 4.4 % | 22.8 % | 14.4 % | 3.5 % |
ROE | 10.5 % | 4.9 % | 29.0 % | 15.9 % | 0.7 % |
ROI | 9.0 % | 5.8 % | 30.8 % | 21.4 % | 5.8 % |
Economic value added (EVA) | 5 464.05 | 1 960.38 | 28 793.91 | 18 343.59 | 383.85 |
Solvency | |||||
Equity ratio | 50.5 % | 57.9 % | 61.5 % | 50.9 % | 44.4 % |
Gearing | 50.3 % | 22.5 % | 18.4 % | 19.1 % | 33.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 1.1 | 0.6 | 0.5 |
Current ratio | 1.7 | 2.2 | 2.4 | 1.8 | 1.6 |
Cash and cash equivalents | 24 903.00 | 24 979.00 | 44 247.00 | 22 524.00 | 20 298.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AA | AAA | AAA | AA |
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