LINAK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINAK A/S
LINAK A/S (CVR number: 66365328K) is a company from SØNDERBORG. The company reported a net sales of 4122.7 mDKK in 2023, demonstrating a decline of -11.1 % compared to the previous year. The operating profit percentage was at 9.9 % (EBIT: 407.3 mDKK), while net earnings were 318 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good and Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. LINAK A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 202.87 | 4 021.53 | 4 843.02 | 4 639.89 | 4 122.71 |
Gross profit | 1 289.94 | 1 159.97 | 1 353.81 | 1 243.52 | 1 039.99 |
EBIT | 706.96 | 577.51 | 700.49 | 557.67 | 407.27 |
Net earnings | 549.36 | 444.37 | 590.03 | 394.70 | 317.95 |
Shareholders equity total | 2 556.87 | 2 675.43 | 2 812.78 | 2 661.15 | 2 482.95 |
Balance sheet total (assets) | 3 483.35 | 3 536.21 | 3 934.76 | 3 710.04 | 3 564.06 |
Net debt | - 255.31 | - 187.72 | - 104.98 | ||
Profitability | |||||
EBIT-% | 16.8 % | 14.4 % | 14.5 % | 12.0 % | 9.9 % |
ROA | 21.2 % | 16.5 % | 20.6 % | 15.1 % | 11.9 % |
ROE | 22.6 % | 17.0 % | 21.5 % | 14.4 % | 12.4 % |
ROI | 27.6 % | 21.1 % | 26.0 % | 18.1 % | 13.9 % |
Economic value added (EVA) | 590.72 | 449.02 | 409.55 | 309.53 | 212.82 |
Solvency | |||||
Equity ratio | 73.5 % | 75.7 % | 71.5 % | 71.7 % | 69.7 % |
Gearing | 9.1 % | 16.5 % | 18.7 % | ||
Relative net indebtedness % | 19.5 % | 19.2 % | 10.6 % | 7.0 % | 10.0 % |
Liquidity | |||||
Quick ratio | 3.1 | 3.0 | 1.4 | 1.4 | 1.3 |
Current ratio | 3.1 | 3.0 | 2.5 | 2.4 | 2.2 |
Cash and cash equivalents | 510.88 | 626.25 | 569.43 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.0 | 47.6 | 54.9 | ||
Net working capital % | 38.0 % | 39.3 % | 32.6 % | 28.2 % | 28.6 % |
Credit risk | |||||
Credit rating | A | A | AAA | AAA | AAA |
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