LYNGE OLSEN GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 15134542
Galoche Alle 2, 4600 Køge
bogholder@lyngeolsen.dk
tel: 56634646

Credit rating

Company information

Official name
LYNGE OLSEN GROUP A/S
Personnel
10 persons
Established
1991
Company form
Limited company
Industry

About LYNGE OLSEN GROUP A/S

LYNGE OLSEN GROUP A/S (CVR number: 15134542) is a company from KØGE. The company recorded a gross profit of 5253.6 kDKK in 2023. The operating profit was 302 kDKK, while net earnings were 44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. LYNGE OLSEN GROUP A/S's liquidity measured by quick ratio was 4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 297.975 707.396 293.907 369.095 253.56
EBIT892.90- 158.111 478.922 653.12301.99
Net earnings739.18189.861 128.932 436.8644.62
Shareholders equity total8 733.108 178.779 307.7010 644.568 289.17
Balance sheet total (assets)11 091.4511 268.6511 801.0514 033.9311 917.41
Net debt- 739.43- 898.21-1 099.02-1 957.04237.30
Profitability
EBIT-%
ROA10.6 %1.7 %13.2 %23.9 %2.3 %
ROE8.4 %2.2 %12.9 %24.4 %0.5 %
ROI10.5 %2.0 %15.7 %28.2 %2.7 %
Economic value added (EVA)268.74- 525.47795.971 673.25- 164.73
Solvency
Equity ratio78.7 %72.6 %78.9 %75.8 %69.6 %
Gearing5.0 %2.8 %7.7 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio5.84.36.05.14.0
Current ratio5.84.36.05.14.0
Cash and cash equivalents739.431 304.421 355.472 775.04998.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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