LINANCO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINANCO ApS
LINANCO ApS (CVR number: 20050209) is a company from HILLERØD. The company recorded a gross profit of 13.5 kDKK in 2023. The operating profit was -119.2 kDKK, while net earnings were 1751.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. LINANCO ApS's liquidity measured by quick ratio was 3.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 517.05 | 28.17 | 4.63 | 3.47 | 13.45 |
EBIT | 1 464.11 | -33.23 | -61.26 | -44.42 | - 119.23 |
Net earnings | 718.60 | 443.67 | - 139.59 | 563.21 | 1 751.14 |
Shareholders equity total | 16 232.34 | 16 076.01 | 15 796.42 | 16 059.63 | 17 510.77 |
Balance sheet total (assets) | 17 115.64 | 17 875.24 | 20 174.71 | 20 514.41 | 21 939.95 |
Net debt | -3 530.09 | -2 229.53 | 4 339.13 | 643.49 | -2.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.9 % | 3.7 % | 2.0 % | 3.8 % | 11.4 % |
ROE | 4.3 % | 2.7 % | -0.9 % | 3.5 % | 10.4 % |
ROI | 9.0 % | 3.7 % | 2.0 % | 3.9 % | 11.5 % |
Economic value added (EVA) | 785.71 | - 632.25 | - 667.96 | - 807.13 | - 711.76 |
Solvency | |||||
Equity ratio | 94.8 % | 89.9 % | 78.3 % | 78.3 % | 79.8 % |
Gearing | 4.8 % | 11.0 % | 27.5 % | 26.8 % | 24.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.6 | 5.6 | 1.9 | 2.7 | 3.3 |
Current ratio | 10.6 | 5.6 | 1.9 | 2.7 | 3.3 |
Cash and cash equivalents | 4 311.61 | 4 002.45 | 12.78 | 3 662.72 | 4 204.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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