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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: 66365328) is a company from SØNDERBORG. The company reported a net sales of 2605.4 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 5.5 % (EBIT: 142.5 mDKK), while net earnings were 272.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, 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 73.6 %, 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 1.2 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | 3 243.97 | 2 819.27 | 2 553.82 | 2 605.41 |
| Gross profit | 615.57 | 401.86 | 319.09 | 330.84 |
| EBIT | 508.49 | 303.30 | 207.34 | 142.52 |
| Net earnings | 590.03 | 394.70 | 317.95 | 272.51 |
| Shareholders equity total | 2 812.78 | 2 661.15 | 2 482.95 | 2 612.95 |
| Balance sheet total (assets) | 3 710.14 | 3 554.48 | 3 379.76 | 3 548.72 |
| Net debt | 28.36 | 107.17 | 219.74 | 121.00 |
| Profitability | ||||
| EBIT-% | 15.7 % | 10.8 % | 8.1 % | 5.5 % |
| ROA | 19.1 % | 13.9 % | 11.0 % | 10.0 % |
| ROE | 21.0 % | 14.4 % | 12.4 % | 10.7 % |
| ROI | 22.2 % | 15.7 % | 12.0 % | 10.9 % |
| Economic value added (EVA) | 403.22 | 67.94 | 1.00 | -46.31 |
| Solvency | ||||
| Equity ratio | 75.8 % | 74.9 % | 73.5 % | 73.6 % |
| Gearing | 10.8 % | 18.8 % | 20.7 % | 20.9 % |
| Relative net indebtedness % | 16.6 % | 14.8 % | 20.2 % | 15.8 % |
| Liquidity | ||||
| Quick ratio | 1.5 | 1.2 | 1.1 | 1.2 |
| Current ratio | 2.0 | 1.7 | 1.5 | 1.6 |
| Cash and cash equivalents | 276.26 | 392.80 | 295.33 | 424.67 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | 5.1 | 3.9 | 3.6 | 3.4 |
| Net working capital % | 26.0 % | 19.7 % | 14.9 % | 18.2 % |
| Credit risk | ||||
| Credit rating | AAA | AAA | AAA | AAA |
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