LINDAN ApS — Credit Rating and Financial Key Figures

CVR number: 18134780
Svanevej 17, 7400 Herning

Company information

Official name
LINDAN ApS
Established
1994
Company form
Private limited company
Industry

About LINDAN ApS

LINDAN ApS (CVR number: 18134780) is a company from HERNING. The company recorded a gross profit of 11.3 kDKK in 2023. The operating profit was -4.2 kDKK, while net earnings were 3222.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINDAN ApS's liquidity measured by quick ratio was 13.6 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 profit27.58-50.5112.3424.5111.32
EBIT-35.25- 311.64-3.149.03-4.16
Net earnings- 101.272 231.59334.681 956.843 222.61
Shareholders equity total48 816.0149 287.0049 508.6851 351.1254 455.93
Balance sheet total (assets)54 315.6758 221.4759 710.8764 897.1157 006.70
Net debt-11 952.93-6 383.91-4 094.69-1 475.59-17 207.68
Profitability
EBIT-%
ROA1.8 %5.8 %4.6 %6.6 %7.4 %
ROE-0.2 %4.5 %0.7 %3.9 %6.1 %
ROI1.8 %5.9 %3.6 %5.1 %7.5 %
Economic value added (EVA)320.69-35.9442.1118.61-32.04
Solvency
Equity ratio89.9 %84.7 %82.9 %79.1 %95.5 %
Gearing11.2 %17.3 %20.5 %25.3 %2.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.83.22.92.413.6
Current ratio4.83.22.92.413.6
Cash and cash equivalents17 406.1214 902.0114 233.4214 445.0218 505.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:7.35%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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