GROSSERER LYNG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About GROSSERER LYNG ApS
GROSSERER LYNG ApS (CVR number: 15825073) is a company from HILLERØD. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -8.8 % compared to the previous year. The operating profit percentage was poor at -209.3 % (EBIT: -0.3 mDKK), while net earnings were 94.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. GROSSERER LYNG ApS's liquidity measured by quick ratio was 77.4 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 | 181.00 | 165.00 | |||
Gross profit | -9.02 | - 148.17 | - 200.95 | 21.60 | - 345.37 |
EBIT | -9.02 | - 148.17 | - 200.95 | 21.60 | - 345.37 |
Net earnings | -11.18 | 133.62 | 43.79 | 2.73 | 94.85 |
Shareholders equity total | 975.02 | 1 108.64 | 1 152.43 | 1 162.92 | 1 493.24 |
Balance sheet total (assets) | 1 010.27 | 1 174.18 | 1 179.68 | 1 954.25 | 2 071.25 |
Net debt | - 989.61 | -1 163.28 | -1 179.68 | -1 899.45 | -1 889.25 |
Profitability | |||||
EBIT-% | 11.9 % | -209.3 % | |||
ROA | 1.8 % | 15.9 % | 4.8 % | 0.3 % | 6.5 % |
ROE | -1.0 % | 12.8 % | 3.9 % | 0.2 % | 7.1 % |
ROI | 1.8 % | 16.6 % | 5.0 % | 0.5 % | 9.8 % |
Economic value added (EVA) | -7.82 | - 114.84 | - 153.99 | 22.97 | - 232.38 |
Solvency | |||||
Equity ratio | 96.5 % | 94.4 % | 97.7 % | 59.5 % | 72.1 % |
Gearing | |||||
Relative net indebtedness % | -1049.4 % | -1128.8 % | |||
Liquidity | |||||
Quick ratio | 28.7 | 17.9 | 43.3 | 77.4 | |
Current ratio | 28.7 | 17.9 | 43.3 | 77.4 | |
Cash and cash equivalents | 989.61 | 1 163.28 | 1 179.68 | 1 899.45 | 1 889.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 402.6 | ||||
Net working capital % | 253.2 % | 195.5 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BB | BBB | BBB |
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