LINE-X Nordic ApS
Credit rating
Company information
About LINE-X Nordic ApS
LINE-X Nordic ApS (CVR number: 42444839) is a company from KALUNDBORG. The company recorded a gross profit of 704.5 kDKK in 2023. The operating profit was -1277 kDKK, while net earnings were -1073.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.7 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LINE-X Nordic ApS's liquidity measured by quick ratio was 3.6 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | -7.26 | 704.52 |
EBIT | -1 440.30 | -1 276.97 |
Net earnings | -1 168.37 | -1 073.49 |
Shareholders equity total | -1 128.37 | -2 201.86 |
Balance sheet total (assets) | 1 692.47 | 3 500.07 |
Net debt | 2 069.92 | 5 215.27 |
Profitability | ||
EBIT-% | ||
ROA | -51.1 % | -28.7 % |
ROE | -69.0 % | -41.3 % |
ROI | -61.6 % | -31.9 % |
Economic value added (EVA) | -1 126.46 | - 926.81 |
Solvency | ||
Equity ratio | -40.0 % | -38.6 % |
Gearing | -207.0 % | -241.4 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 2.3 | 3.6 |
Current ratio | 3.5 | 6.3 |
Cash and cash equivalents | 265.46 | 99.11 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | B |
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