LYNGDORF FINANS A/S — Credit Rating and Financial Key Figures

CVR number: 21279870
Hørhavevej 66 A, 8270 Højbjerg
tel: 86277500

Credit rating

Company information

Official name
LYNGDORF FINANS A/S
Established
1998
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings1 019.001 285.001 107.002 769.004 264.00
Shareholders equity total105 548.00105 533.00106 640.00109 409.00113 673.00
Balance sheet total (assets)105 553.00105 537.00106 644.00109 413.00114 021.00
Net debt-1 378.00-1 172.00-2 322.00- 211.00- 124.00
Profitability
EBIT-%
ROA0.9 %1.1 %1.1 %2.5 %4.9 %
ROE1.0 %1.2 %1.0 %2.6 %3.8 %
ROI0.9 %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 ratio100.0 %100.0 %100.0 %100.0 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio21 110.626 384.326 661.027 353.3327.6
Current ratio21 110.626 384.326 661.027 353.3327.6
Cash and cash equivalents1 378.001 172.002 322.00211.00124.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.89%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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