LINDEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26189403
Kongelysvej 11, 2820 Gentofte
info@danskforvaltning.dk
tel: 39306089
danskforvaltning.dk

Credit rating

Company information

Official name
LINDEN HOLDING A/S
Established
2001
Company form
Limited company
Industry

About LINDEN HOLDING A/S

LINDEN HOLDING A/S (CVR number: 26189403) is a company from GENTOFTE. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was 489.8 kDKK, while net earnings were -268.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73 %, 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. LINDEN HOLDING A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit419.58229.56209.99404.10-10.66
EBIT643.94600.42367.84716.29489.81
Net earnings2 625.252 580.292 853.09567.41- 268.41
Shareholders equity total16 570.2816 750.5719 603.6616 571.0716 302.66
Balance sheet total (assets)23 373.9822 801.3124 992.9726 621.2922 347.07
Net debt6 040.275 513.505 000.687 690.144 272.92
Profitability
EBIT-%
ROA11.8 %11.4 %12.1 %6.3 %0.4 %
ROE17.2 %15.5 %15.7 %3.1 %-1.6 %
ROI12.4 %11.7 %12.4 %6.6 %0.4 %
Economic value added (EVA)- 228.45- 299.25- 445.17- 378.36- 236.50
Solvency
Equity ratio70.9 %73.5 %78.4 %62.2 %73.0 %
Gearing36.5 %32.9 %25.5 %46.4 %26.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.03.10.90.3
Current ratio2.42.03.10.90.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.38%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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