HANDELSSELSKABET LINGBANK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About HANDELSSELSKABET LINGBANK ApS
HANDELSSELSKABET LINGBANK ApS (CVR number: 36472308) is a company from THISTED. The company recorded a gross profit of -1.2 kDKK in 2023. The operating profit was -1.2 kDKK, while net earnings were -1.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. HANDELSSELSKABET LINGBANK ApS's liquidity measured by quick ratio was 2.4 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 | |||||
Gross profit | -1.32 | -1.45 | -1.15 | -1.50 | -1.20 |
EBIT | -1.32 | -1.45 | -1.15 | -1.50 | -1.20 |
Net earnings | -9.79 | -1.45 | 6.23 | -1.78 | -1.18 |
Shareholders equity total | 23.30 | 21.85 | 28.08 | 26.31 | 25.13 |
Balance sheet total (assets) | 45.00 | 45.36 | 43.30 | 43.11 | 43.05 |
Net debt | -43.66 | -30.12 | -29.30 | -27.43 | -26.33 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.9 % | -3.2 % | 16.5 % | -3.5 % | -2.7 % |
ROE | -34.7 % | -6.4 % | 25.0 % | -6.5 % | -4.6 % |
ROI | -4.7 % | -4.9 % | 19.0 % | -3.6 % | -2.8 % |
Economic value added (EVA) | -0.79 | -0.43 | -0.05 | -0.75 | -0.37 |
Solvency | |||||
Equity ratio | 51.8 % | 48.2 % | 64.9 % | 61.0 % | 58.4 % |
Gearing | 62.0 % | 48.8 % | 58.2 % | 65.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 1.9 | 2.8 | 2.6 | 2.4 |
Current ratio | 2.1 | 1.9 | 2.8 | 2.6 | 2.4 |
Cash and cash equivalents | 43.66 | 43.66 | 43.01 | 42.73 | 42.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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