LYNGDORF FINANS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNGDORF FINANS A/S
LYNGDORF FINANS A/S (CVR number: 21279870) is a company from AARHUS. The company recorded a gross profit of -7 kDKK in 2023. The operating profit was -7 kDKK, while net earnings were 4264 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LYNGDORF FINANS A/S's liquidity measured by quick ratio was 327.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.00 | -6.00 | -6.00 | -6.00 | -7.00 |
EBIT | -6.00 | -6.00 | -6.00 | -6.00 | -7.00 |
Net earnings | 1 019.00 | 1 285.00 | 1 107.00 | 2 769.00 | 4 264.00 |
Shareholders equity total | 105 548.00 | 105 533.00 | 106 640.00 | 109 409.00 | 113 673.00 |
Balance sheet total (assets) | 105 553.00 | 105 537.00 | 106 644.00 | 109 413.00 | 114 021.00 |
Net debt | -1 378.00 | -1 172.00 | -2 322.00 | - 211.00 | - 124.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 1.1 % | 1.1 % | 2.5 % | 4.9 % |
ROE | 1.0 % | 1.2 % | 1.0 % | 2.6 % | 3.8 % |
ROI | 0.9 % | 1.1 % | 1.1 % | 2.5 % | 4.9 % |
Economic value added (EVA) | -5 204.02 | -5 241.19 | -5 250.14 | -5 248.19 | -5 492.66 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 100.0 % | 99.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21 110.6 | 26 384.3 | 26 661.0 | 27 353.3 | 327.6 |
Current ratio | 21 110.6 | 26 384.3 | 26 661.0 | 27 353.3 | 327.6 |
Cash and cash equivalents | 1 378.00 | 1 172.00 | 2 322.00 | 211.00 | 124.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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