TØMRER- OG SNEDKERFIRMAET ERIK LINNEBERG A/S — Credit Rating and Financial Key Figures

CVR number: 86894513
Svendborgvej 20, 9220 Aalborg Øst
tel: 98158052

Credit rating

Company information

Official name
TØMRER- OG SNEDKERFIRMAET ERIK LINNEBERG A/S
Personnel
14 persons
Established
1979
Company form
Limited company
Industry

About TØMRER- OG SNEDKERFIRMAET ERIK LINNEBERG A/S

TØMRER- OG SNEDKERFIRMAET ERIK LINNEBERG A/S (CVR number: 86894513) is a company from AALBORG. The company recorded a gross profit of 7343.9 kDKK in 2024. The operating profit was 676.5 kDKK, while net earnings were 372.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 13.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TØMRER- OG SNEDKERFIRMAET ERIK LINNEBERG A/S's liquidity measured by quick ratio was 1.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 943.576 082.966 289.746 114.327 343.91
EBIT1 399.96424.60419.88610.48676.47
Net earnings1 026.11255.32232.95334.47372.85
Shareholders equity total1 547.69803.01785.96890.42933.27
Balance sheet total (assets)6 191.155 730.645 835.497 295.387 075.86
Net debt1 092.682 746.803 261.733 958.843 528.57
Profitability
EBIT-%
ROA24.3 %7.1 %7.3 %9.3 %9.4 %
ROE92.5 %21.7 %29.3 %39.9 %40.9 %
ROI50.4 %12.3 %10.6 %13.1 %14.0 %
Economic value added (EVA)1 080.28272.47272.19427.83479.12
Solvency
Equity ratio25.8 %14.0 %13.5 %13.0 %13.5 %
Gearing101.2 %342.1 %415.0 %444.6 %378.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.11.11.11.1
Current ratio1.31.11.11.11.1
Cash and cash equivalents472.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.41%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.5%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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