LINNEMANN KØRESKOLE ApS — Credit Rating and Financial Key Figures

CVR number: 41151331
Askelunden 6, 4460 Snertinge
linnemann170@gmail.com
tel: 22407103

Credit rating

Company information

Official name
LINNEMANN KØRESKOLE ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry
  • Expand more icon85Education

About LINNEMANN KØRESKOLE ApS

LINNEMANN KØRESKOLE ApS (CVR number: 41151331) is a company from KALUNDBORG. The company recorded a gross profit of 348.7 kDKK in 2023. The operating profit was 161.3 kDKK, while net earnings were 123.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.1 %, which can be considered excellent and Return on Equity (ROE) was 76 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LINNEMANN KØRESKOLE ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit343.94-70.94-11.00348.68
EBIT251.75- 228.21-74.61161.29
Net earnings185.97- 235.77-75.87123.40
Shareholders equity total225.97-9.80-35.87165.40
Balance sheet total (assets)479.10170.19159.36351.09
Net debt- 170.13130.89177.01-81.83
Profitability
EBIT-%
ROA52.5 %-69.3 %-39.8 %59.1 %
ROE82.3 %-119.0 %-46.0 %76.0 %
ROI62.9 %-80.1 %-40.9 %59.1 %
Economic value added (EVA)195.92- 222.27-72.16128.08
Solvency
Equity ratio47.2 %-5.4 %-18.4 %47.1 %
Gearing77.0 %-1734.6 %-544.3 %112.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.30.41.6
Current ratio1.90.90.81.9
Cash and cash equivalents344.2039.0918.23267.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:59.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.1%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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