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LYNGE OLSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNGE OLSEN HOLDING A/S
LYNGE OLSEN HOLDING A/S (CVR number: 89953413) is a company from KØGE. The company recorded a gross profit of -198 kDKK in 2024. The operating profit was -926.3 kDKK, while net earnings were 797.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.3 %, 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. LYNGE OLSEN HOLDING A/S's liquidity measured by quick ratio was 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 117.04 | - 133.30 | - 181.96 | -49.25 | - 197.95 |
| EBIT | 94.67 | - 763.34 | - 311.99 | - 730.19 | - 926.30 |
| Net earnings | 1 331.01 | -1 849.48 | -1 422.43 | -97.05 | 797.88 |
| Shareholders equity total | 15 694.99 | 13 845.51 | 12 423.07 | 12 326.03 | 13 123.90 |
| Balance sheet total (assets) | 19 269.55 | 17 791.46 | 19 603.19 | 17 757.79 | 18 397.28 |
| Net debt | -3 685.56 | -3 870.17 | -4 058.89 | -4 993.38 | -2 692.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.2 % | 3.8 % | 2.1 % | 9.6 % | 13.7 % |
| ROE | 8.9 % | -12.5 % | -10.8 % | -0.8 % | 6.3 % |
| ROI | 9.5 % | 3.9 % | 2.3 % | 10.6 % | 13.2 % |
| Economic value added (EVA) | - 742.08 | -1 589.96 | -1 128.50 | -1 372.59 | -1 407.79 |
| Solvency | |||||
| Equity ratio | 81.4 % | 77.8 % | 63.4 % | 69.4 % | 71.3 % |
| Gearing | 19.6 % | 26.1 % | 36.8 % | 34.9 % | 35.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.1 | 2.5 | 1.6 | 2.0 | 2.6 |
| Current ratio | 3.1 | 2.5 | 1.6 | 2.0 | 2.6 |
| Cash and cash equivalents | 6 763.32 | 7 487.26 | 8 633.97 | 9 298.52 | 7 326.54 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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