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 -12 kDKK in 2024. The operating profit was -12 kDKK, while net earnings were 3975 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, 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 80.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.00 | -6.00 | -6.00 | -7.00 | -12.00 |
| EBIT | -6.00 | -6.00 | -6.00 | -7.00 | -12.00 |
| Net earnings | 1 285.00 | 1 107.00 | 2 769.00 | 4 264.00 | 3 975.00 |
| Shareholders equity total | 105 533.00 | 106 640.00 | 109 409.00 | 113 673.00 | 117 648.00 |
| Balance sheet total (assets) | 105 537.00 | 106 644.00 | 109 413.00 | 114 364.00 | 119 129.00 |
| Net debt | -1 172.00 | -2 322.00 | - 211.00 | - 124.00 | - 147.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 1.1 % | 2.5 % | 4.9 % | 4.4 % |
| ROE | 1.2 % | 1.0 % | 2.6 % | 3.8 % | 3.4 % |
| ROI | 1.1 % | 1.1 % | 2.5 % | 4.9 % | 4.4 % |
| Economic value added (EVA) | -5 310.43 | -5 309.03 | -5 364.87 | -5 503.26 | -5 721.42 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 99.4 % | 98.8 % |
| Gearing | 0.0 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 26 384.3 | 26 661.0 | 27 353.3 | 165.5 | 80.4 |
| Current ratio | 26 384.3 | 26 661.0 | 27 353.3 | 165.5 | 80.4 |
| Cash and cash equivalents | 1 172.00 | 2 322.00 | 211.00 | 124.00 | 159.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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