LYNGGAARD. VILS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNGGAARD. VILS A/S
LYNGGAARD. VILS A/S (CVR number: 10612233) is a company from MORSØ. The company recorded a gross profit of -25.4 kDKK in 2023. The operating profit was -25.4 kDKK, while net earnings were -93.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LYNGGAARD. VILS A/S's liquidity measured by quick ratio was 33.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -25.25 | -27.83 | -41.92 | -35.07 | -25.44 |
| EBIT | -25.25 | -27.83 | -41.92 | -35.07 | -25.44 |
| Net earnings | -1 072.17 | 1 110.51 | 834.94 | -33.82 | -93.92 |
| Shareholders equity total | 3 780.27 | 4 780.18 | 5 502.12 | 5 128.90 | 4 525.18 |
| Balance sheet total (assets) | 4 239.80 | 4 978.55 | 5 789.64 | 5 325.74 | 4 650.04 |
| Net debt | - 263.04 | - 164.06 | -2 452.54 | -2 657.33 | -2 787.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -17.2 % | 27.3 % | 21.0 % | 0.1 % | -0.4 % |
| ROE | -24.5 % | 25.9 % | 16.2 % | -0.6 % | -1.9 % |
| ROI | -17.4 % | 27.8 % | 21.6 % | 0.1 % | -0.5 % |
| Economic value added (EVA) | - 203.42 | - 177.78 | - 251.53 | - 138.08 | - 124.78 |
| Solvency | |||||
| Equity ratio | 89.2 % | 96.0 % | 95.0 % | 96.3 % | 97.3 % |
| Gearing | 10.9 % | 1.9 % | 1.9 % | 0.2 % | 0.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.8 | 10.7 | 17.1 | 23.3 | 33.9 |
| Current ratio | 3.8 | 10.7 | 17.1 | 23.3 | 33.9 |
| Cash and cash equivalents | 674.35 | 256.11 | 2 557.79 | 2 666.53 | 2 797.95 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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