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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 4196.3 mDKK in 2024, demonstrating a growth of 1.8 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 385.2 mDKK), while net earnings were 272.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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 1.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 4 021.53 | 4 843.02 | 4 639.89 | 4 122.71 | 4 196.33 |
| Gross profit | 1 159.97 | 1 353.81 | 1 243.52 | 1 039.99 | 1 073.12 |
| EBIT | 577.51 | 700.49 | 557.67 | 407.27 | 385.21 |
| Net earnings | 444.37 | 590.03 | 394.70 | 317.95 | 272.51 |
| Shareholders equity total | 2 675.43 | 2 812.78 | 2 661.15 | 2 482.95 | 2 612.95 |
| Balance sheet total (assets) | 3 536.21 | 3 934.76 | 3 710.04 | 3 564.06 | 3 704.42 |
| Net debt | - 255.31 | - 187.72 | - 104.98 | - 243.07 | |
| Profitability | |||||
| EBIT-% | 14.4 % | 14.5 % | 12.0 % | 9.9 % | 9.2 % |
| ROA | 16.5 % | 20.6 % | 15.1 % | 11.9 % | 11.3 % |
| ROE | 17.0 % | 21.5 % | 14.4 % | 12.4 % | 10.7 % |
| ROI | 21.1 % | 26.0 % | 18.1 % | 13.9 % | 13.1 % |
| Economic value added (EVA) | 443.84 | 405.10 | 264.86 | 155.58 | 146.02 |
| Solvency | |||||
| Equity ratio | 75.7 % | 71.5 % | 71.7 % | 69.7 % | 70.5 % |
| Gearing | 9.1 % | 16.5 % | 18.7 % | 17.9 % | |
| Relative net indebtedness % | 19.2 % | 10.6 % | 7.0 % | 10.0 % | 6.4 % |
| Liquidity | |||||
| Quick ratio | 3.0 | 1.4 | 1.4 | 1.3 | 1.5 |
| Current ratio | 3.0 | 2.5 | 2.4 | 2.2 | 2.4 |
| Cash and cash equivalents | 510.88 | 626.25 | 569.43 | 710.48 | |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 63.0 | 47.6 | 54.9 | 54.5 | |
| Net working capital % | 39.3 % | 32.6 % | 28.2 % | 28.6 % | 32.1 % |
| Credit risk | |||||
| Credit rating | AA | AAA | AAA | AAA | AAA |
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