LIND JENSENS MASKINFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LIND JENSENS MASKINFABRIK A/S
LIND JENSENS MASKINFABRIK A/S (CVR number: 52994918) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 115.7 mDKK in 2023. The operating profit was 19.3 mDKK, while net earnings were 9991.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.8 %, 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. LIND JENSENS MASKINFABRIK A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 280 207.33 | ||||
Gross profit | 97 418.86 | 98 589.66 | 107 233.53 | 95 913.89 | 115 659.90 |
EBIT | 8 531.78 | 15 378.54 | 13 686.76 | 9 601.47 | 19 257.46 |
Net earnings | 15 419.77 | 33 800.10 | 22 550.52 | 8 058.01 | 9 991.56 |
Shareholders equity total | 109 166.02 | 134 201.12 | 155 463.76 | 151 318.17 | 156 016.34 |
Balance sheet total (assets) | 216 710.62 | 236 894.43 | 251 749.36 | 256 091.77 | 253 492.58 |
Net debt | 48 433.53 | -3 959.02 | -1 307.72 | 34 221.27 | 33 724.59 |
Profitability | |||||
EBIT-% | 3.0 % | ||||
ROA | 9.3 % | 18.5 % | 11.4 % | 4.9 % | 6.7 % |
ROE | 14.8 % | 27.8 % | 15.6 % | 5.3 % | 6.5 % |
ROI | 11.9 % | 24.6 % | 15.8 % | 6.7 % | 8.8 % |
Economic value added (EVA) | 3 406.06 | 9 118.68 | 10 512.48 | 7 098.54 | 12 822.86 |
Solvency | |||||
Equity ratio | 50.4 % | 57.1 % | 61.8 % | 59.4 % | 61.8 % |
Gearing | 47.1 % | 26.3 % | 11.3 % | 26.3 % | 24.5 % |
Relative net indebtedness % | 37.3 % | ||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.0 | 0.8 | 0.8 |
Current ratio | 1.7 | 1.8 | 2.0 | 1.7 | 1.9 |
Cash and cash equivalents | 2 935.19 | 39 257.87 | 18 797.67 | 5 570.78 | 4 490.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 70.5 | ||||
Net working capital % | 24.1 % | ||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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