LINCO-HOLDING RANDERS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINCO-HOLDING RANDERS A/S
LINCO-HOLDING RANDERS A/S (CVR number: 62415118) is a company from RANDERS. The company recorded a gross profit of -17.8 kDKK in 2023. The operating profit was -17.8 kDKK, while net earnings were 3404.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINCO-HOLDING RANDERS A/S's liquidity measured by quick ratio was 4.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.72 | -15.72 | -15.72 | -16.41 | -17.81 |
EBIT | -15.72 | -15.72 | -15.72 | -16.41 | -17.81 |
Net earnings | 2 226.17 | 5 150.98 | -6 164.18 | 1 382.10 | 3 404.59 |
Shareholders equity total | 59 334.43 | 61 485.42 | 54 521.24 | 49 903.34 | 52 307.93 |
Balance sheet total (assets) | 60 978.31 | 66 063.30 | 62 513.69 | 58 185.06 | 58 169.01 |
Net debt | -14 616.33 | -15 690.30 | -12 292.55 | -15 350.29 | -21 089.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 9.4 % | -5.5 % | 3.1 % | 7.5 % |
ROE | 3.8 % | 8.5 % | -10.6 % | 2.6 % | 6.7 % |
ROI | 4.2 % | 9.5 % | -5.7 % | 3.2 % | 7.6 % |
Economic value added (EVA) | 1 795.62 | 1 886.12 | 2 103.64 | 1 898.27 | 454.90 |
Solvency | |||||
Equity ratio | 97.3 % | 93.1 % | 87.2 % | 85.8 % | 89.9 % |
Gearing | 2.4 % | 5.8 % | 8.6 % | 16.4 % | 10.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.9 | 4.3 | 2.6 | 3.3 | 4.6 |
Current ratio | 9.9 | 4.3 | 2.6 | 3.3 | 4.6 |
Cash and cash equivalents | 16 069.28 | 19 274.64 | 16 967.83 | 23 542.78 | 26 547.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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