LYNGRIIS, GRINDSTED ApS — Credit Rating and Financial Key Figures

CVR number: 27511732
Tingvejen 303, Stenderup Mk 7200 Grindsted
tel: 75339291
Free credit report Annual report

Company information

Official name
LYNGRIIS, GRINDSTED ApS
Personnel
2 persons
Established
2004
Domicile
Stenderup Mk
Company form
Private limited company
Industry

About LYNGRIIS, GRINDSTED ApS

LYNGRIIS, GRINDSTED ApS (CVR number: 27511732) is a company from BILLUND. The company recorded a gross profit of 4772.9 kDKK in 2023. The operating profit was 2335.8 kDKK, while net earnings were 1483.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. LYNGRIIS, GRINDSTED ApS's liquidity measured by quick ratio was 1.7 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 profit2 595.222 898.862 550.765 152.974 772.90
EBIT1 248.311 559.32885.803 443.572 335.83
Net earnings760.001 006.07630.362 640.671 483.62
Shareholders equity total6 854.237 800.208 430.5511 071.2312 495.95
Balance sheet total (assets)19 918.1322 690.0722 899.1325 485.4824 647.34
Net debt9 298.8911 971.3710 793.699 881.559 008.28
Profitability
EBIT-%
ROA6.4 %7.4 %3.9 %14.5 %9.4 %
ROE11.7 %13.7 %7.8 %27.1 %12.6 %
ROI7.0 %8.1 %4.3 %16.3 %10.2 %
Economic value added (EVA)72.74352.80- 358.021 647.71690.86
Solvency
Equity ratio34.4 %34.4 %36.8 %43.4 %50.7 %
Gearing146.5 %153.6 %132.6 %92.8 %79.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.60.61.21.7
Current ratio1.21.21.32.04.6
Cash and cash equivalents745.216.43385.83392.87966.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.40%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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