Lindø Steel Welding A/S — Credit Rating and Financial Key Figures

Lindø Steel Welding A/S (CVR number: 34220190) is a company from KERTEMINDE. The company recorded a gross profit of 17 mDKK in 2023. The operating profit was 357.5 kDKK, while net earnings were 85.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lindø Steel Welding A/S'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.