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

CVR number: 34220190
Lindø Østvej 5, 5330 Munkebo
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Company information

Official name
Lindø Steel Welding A/S
Personnel
33 persons
Established
2012
Company form
Limited company
Industry

About Lindø Steel Welding A/S

Lindø Steel Welding A/S (CVR number: 34220190) is a company from KERTEMINDE. The company recorded a gross profit of 5129.9 kDKK in 2024. The operating profit was 64.9 kDKK, while net earnings were 62.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Lindø Steel Welding A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit17 951.987 775.0641 261.2017 009.935 129.93
EBIT5 467.83-3 495.0811 960.56357.5264.92
Net earnings4 172.88-2 813.079 294.3385.5762.45
Shareholders equity total6 840.984 027.9113 322.243 023.721 186.17
Balance sheet total (assets)11 759.4217 661.4429 612.557 818.436 278.37
Net debt-6 219.44- 162.98-8 981.28-1 209.54-34.59
Profitability
EBIT-%
ROA38.5 %-23.7 %50.8 %2.1 %1.5 %
ROE53.8 %-51.8 %107.1 %1.0 %3.0 %
ROI64.7 %-50.2 %104.2 %3.5 %3.1 %
Economic value added (EVA)3 806.87-3 121.429 079.76- 441.34- 103.31
Solvency
Equity ratio58.2 %22.8 %45.0 %38.7 %18.9 %
Gearing9.2 %25.1 %5.3 %1.1 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.11.92.40.7
Current ratio2.71.11.92.40.7
Cash and cash equivalents6 848.901 172.079 683.901 242.1978.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:1.53%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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