LYNGBY-TAARBÆK FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNGBY-TAARBÆK FORSYNING A/S
LYNGBY-TAARBÆK FORSYNING A/S (CVR number: 29815909) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 72.5 mDKK in 2023, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 1.8 mDKK), while net earnings were 1544.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. LYNGBY-TAARBÆK FORSYNING A/S's liquidity measured by quick ratio was 2.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 53.77 | 60.01 | 67.93 | 71.35 | 72.47 |
Gross profit | 8.03 | 9.51 | 15.89 | 17.38 | 19.00 |
EBIT | 0.93 | 1.80 | 1.83 | 1.56 | 1.83 |
Net earnings | 1.25 | 1.22 | 1.39 | 1.11 | 1.54 |
Shareholders equity total | 5.87 | 7.09 | 8.48 | 9.59 | 11.14 |
Balance sheet total (assets) | 16.30 | 20.80 | 17.44 | 18.73 | 19.64 |
Net debt | -2.26 | -6.08 | |||
Profitability | |||||
EBIT-% | 1.7 % | 3.0 % | 2.7 % | 2.2 % | 2.5 % |
ROA | 6.5 % | 9.7 % | 9.6 % | 8.6 % | 11.0 % |
ROE | 23.8 % | 18.9 % | 17.8 % | 12.3 % | 14.9 % |
ROI | 8.7 % | 9.7 % | 9.6 % | 11.3 % | 19.3 % |
Economic value added (EVA) | 0.96 | 1.50 | 1.47 | 0.81 | 1.10 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.2 % | 56.7 % |
Gearing | 5.5 % | 5.5 % | |||
Relative net indebtedness % | 8.9 % | 2.5 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | |||
Current ratio | 1.8 | 2.1 | |||
Cash and cash equivalents | 2.79 | 6.69 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.3 | 1.8 | |||
Net working capital % | 10.3 % | 13.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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