LINAK A/S — Credit Rating and Financial Key Figures

CVR number: 66365328
Smedevænget 8, Guderup 6430 Nordborg

Credit rating

Company information

Official name
LINAK A/S
Personnel
1159 persons
Established
1980
Domicile
Guderup
Company form
Limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales4 202.874 021.534 843.024 639.894 122.71
Gross profit1 289.941 159.971 353.811 243.521 039.99
EBIT706.96577.51700.49557.67407.27
Net earnings549.36444.37590.03394.70317.95
Shareholders equity total2 556.872 675.432 812.782 661.152 482.95
Balance sheet total (assets)3 483.353 536.213 934.763 710.043 564.06
Net debt- 255.31- 187.72- 104.98
Profitability
EBIT-%16.8 %14.4 %14.5 %12.0 %9.9 %
ROA21.2 %16.5 %20.6 %15.1 %11.9 %
ROE22.6 %17.0 %21.5 %14.4 %12.4 %
ROI27.6 %21.1 %26.0 %18.1 %13.9 %
Economic value added (EVA)590.72449.02409.55309.53212.82
Solvency
Equity ratio73.5 %75.7 %71.5 %71.7 %69.7 %
Gearing9.1 %16.5 %18.7 %
Relative net indebtedness %19.5 %19.2 %10.6 %7.0 %10.0 %
Liquidity
Quick ratio3.13.01.41.41.3
Current ratio3.13.02.52.42.2
Cash and cash equivalents510.88626.25569.43
Capital use efficiency
Trade debtors turnover (days)63.047.654.9
Net working capital %38.0 %39.3 %32.6 %28.2 %28.6 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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