Linjen A/S — Credit Rating and Financial Key Figures

CVR number: 77976019
Allegade 45, 8700 Horsens
info@linjen.dk
tel: 75626455

Credit rating

Company information

Official name
Linjen A/S
Personnel
19 persons
Established
1985
Company form
Limited company
Industry

About Linjen A/S

Linjen A/S (CVR number: 77976019) is a company from HORSENS. The company recorded a gross profit of 13 mDKK in 2023. The operating profit was 3640.7 kDKK, while net earnings were 2840.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.2 %, which can be considered excellent and Return on Equity (ROE) was 56.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. Linjen A/S's liquidity measured by quick ratio was 3.6 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 profit7 503.949 028.378 987.2710 152.5612 981.87
EBIT1 080.702 489.782 112.842 666.143 640.67
Net earnings818.981 916.601 624.462 066.192 840.87
Shareholders equity total2 962.463 879.073 503.524 569.725 410.59
Balance sheet total (assets)7 754.908 137.437 867.559 149.2810 584.19
Net debt-5 001.60-4 342.16-3 815.18-5 048.28-7 767.57
Profitability
EBIT-%
ROA14.2 %31.3 %26.4 %31.3 %37.2 %
ROE24.8 %56.0 %44.0 %51.2 %56.9 %
ROI24.2 %50.4 %40.3 %48.3 %54.4 %
Economic value added (EVA)837.042 035.931 664.582 089.372 839.60
Solvency
Equity ratio40.0 %49.1 %45.0 %52.5 %52.1 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.52.73.53.6
Current ratio2.23.12.73.03.3
Cash and cash equivalents5 002.204 342.763 815.185 048.287 767.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBB

Variable visualization

ROA:37.2%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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