LYNGES HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30606450
Kokildehøjen 13, 8800 Viborg
brilleriet@mail.dk
tel: 51313021

Credit rating

Company information

Official name
LYNGES HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About LYNGES HOLDING ApS

LYNGES HOLDING ApS (CVR number: 30606450) is a company from VIBORG. The company recorded a gross profit of 27.8 kDKK in 2023, demonstrating a decline of -45.8 % compared to the previous year. The operating profit was 27.8 kDKK, while net earnings were 1465.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.5 %, which can be considered excellent and Return on Equity (ROE) was 36 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LYNGES HOLDING ApS's liquidity measured by quick ratio was 86.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales51.0433.1944.8551.36
Gross profit51.0432.7943.6551.3627.82
EBIT51.0432.7943.6551.3627.82
Net earnings271.80827.681 096.20441.911 465.42
Shareholders equity total2 746.123 478.803 900.003 541.924 607.47
Balance sheet total (assets)3 066.663 728.804 056.853 567.024 884.56
Net debt320.55201.34156.85-7.7333.62
Profitability
EBIT-%100.0 %98.8 %97.3 %100.0 %
ROA9.5 %24.7 %28.4 %11.9 %40.5 %
ROE10.1 %26.6 %29.7 %11.9 %36.0 %
ROI9.7 %24.7 %28.4 %11.9 %41.7 %
Economic value added (EVA)-16.80-37.77-30.92-28.46-60.21
Solvency
Equity ratio89.5 %93.3 %96.1 %99.3 %94.3 %
Gearing11.7 %7.2 %4.0 %0.4 %0.7 %
Relative net indebtedness %628.0 %606.6 %349.7 %6.6 %
Liquidity
Quick ratio0.10.30.11.686.3
Current ratio0.10.30.11.686.3
Cash and cash equivalents48.6621.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-587.8 %-522.6 %-301.5 %15.0 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:40.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.3%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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