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: 66365328) is a company from SØNDERBORG. The company reported a net sales of 2553.8 mDKK in 2023, demonstrating a decline of -9.4 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 207.3 mDKK), while net earnings were 318 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, 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 73.5 %, 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 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2021
2022
2023
Volume
Net sales3 243.972 819.272 553.82
Gross profit615.57401.86319.09
EBIT508.49303.30207.34
Net earnings590.03394.70317.95
Shareholders equity total2 812.782 661.152 482.95
Balance sheet total (assets)3 710.143 554.483 379.76
Net debt28.36107.17219.74
Profitability
EBIT-%15.7 %10.8 %8.1 %
ROA19.1 %13.9 %11.0 %
ROE21.0 %14.4 %12.4 %
ROI22.2 %15.7 %12.0 %
Economic value added (EVA)403.22186.86142.95
Solvency
Equity ratio75.8 %74.9 %73.5 %
Gearing10.8 %18.8 %20.7 %
Relative net indebtedness %16.6 %14.8 %20.2 %
Liquidity
Quick ratio1.51.21.1
Current ratio2.01.71.5
Cash and cash equivalents276.26392.80295.33
Capital use efficiency
Trade debtors turnover (days)5.13.93.6
Net working capital %26.0 %19.7 %14.9 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-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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