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LINE-X Nordic ApS — Credit Rating and Financial Key Figures
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 -175.4 kDKK in 2025. The operating profit was -176.1 kDKK, while net earnings were -179.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -93.5 %. 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 9.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -7.26 | 704.52 | -1 899.31 | - 175.39 |
| EBIT | -1 440.30 | -1 276.97 | -2 851.41 | - 176.10 |
| Net earnings | -1 168.37 | -1 073.49 | -2 409.08 | - 179.25 |
| Shareholders equity total | -1 128.37 | -2 201.86 | -4 610.94 | -4 790.20 |
| Balance sheet total (assets) | 1 692.47 | 3 500.07 | 990.75 | 330.80 |
| Net debt | 2 069.92 | 5 215.27 | 5 553.95 | 5 031.84 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -51.1 % | -28.7 % | -50.4 % | -3.3 % |
| ROE | -69.0 % | -41.3 % | -107.3 % | -27.1 % |
| ROI | -61.6 % | -31.9 % | -52.3 % | -3.3 % |
| Economic value added (EVA) | -1 126.46 | -1 057.66 | -2 445.51 | - 224.26 |
| Solvency | ||||
| Equity ratio | -40.0 % | -38.6 % | -82.3 % | -93.5 % |
| Gearing | -207.0 % | -241.4 % | -120.8 % | -106.4 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.3 | 3.6 | 30.7 | 9.3 |
| Current ratio | 3.5 | 6.3 | 30.7 | 9.3 |
| Cash and cash equivalents | 265.46 | 99.11 | 15.45 | 62.93 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | B | B | BB |
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