LINDE & LARSEN ApS — Credit Rating and Financial Key Figures

CVR number: 25305590
Bjerringbrovej 116, 2610 Rødovre
account@lindelarsen.com
tel: 35828485
www.lindelarsen.com

Credit rating

Company information

Official name
LINDE & LARSEN ApS
Personnel
49 persons
Established
2000
Company form
Private limited company
Industry

About LINDE & LARSEN ApS

LINDE & LARSEN ApS (CVR number: 25305590) is a company from RØDOVRE. The company recorded a gross profit of 28.7 mDKK in 2023. The operating profit was 6513.5 kDKK, while net earnings were 4529.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.1 %, which can be considered excellent and Return on Equity (ROE) was 47.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LINDE & LARSEN ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit19 645.2719 805.1024 894.8130 840.9628 667.51
EBIT7 453.285 652.327 869.608 319.296 513.54
Net earnings5 653.744 164.685 910.296 053.074 529.76
Shareholders equity total6 084.725 249.396 159.687 212.7511 742.51
Balance sheet total (assets)16 107.1615 896.0320 089.8524 397.7323 664.26
Net debt- 365.34142.263 804.905 433.891 273.92
Profitability
EBIT-%
ROA47.3 %35.5 %43.8 %37.4 %27.1 %
ROE90.3 %73.5 %103.6 %90.5 %47.8 %
ROI89.2 %69.3 %85.5 %66.9 %44.4 %
Economic value added (EVA)5 461.504 181.535 936.036 126.784 524.81
Solvency
Equity ratio37.8 %33.0 %30.7 %29.6 %49.6 %
Gearing24.5 %39.5 %65.5 %78.2 %20.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.60.71.0
Current ratio1.81.71.21.42.1
Cash and cash equivalents1 858.311 929.66232.66206.401 069.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:27.1%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.6%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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