Lyngemetoden ApS — Credit Rating and Financial Key Figures

CVR number: 35487409
Ågerupvej 66, 2750 Ballerup

Credit rating

Company information

Official name
Lyngemetoden ApS
Established
2013
Company form
Private limited company
Industry

About Lyngemetoden ApS

Lyngemetoden ApS (CVR number: 35487409) is a company from BALLERUP. The company recorded a gross profit of 385 kDKK in 2023. The operating profit was 339.7 kDKK, while net earnings were 246.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.9 %, which can be considered excellent and Return on Equity (ROE) was 53 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Lyngemetoden ApS's liquidity measured by quick ratio was 2.4 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 profit-3.26606.02161.54209.86384.95
EBIT-9.29577.88133.70176.71339.68
Net earnings-9.29516.0288.00126.48246.40
Shareholders equity total111.47627.49215.49341.97588.37
Balance sheet total (assets)178.96848.75295.36454.24881.23
Net debt11.51- 526.43-97.84- 247.37- 348.64
Profitability
EBIT-%
ROA-6.8 %112.5 %23.8 %47.1 %50.9 %
ROE-9.2 %139.7 %20.9 %45.4 %53.0 %
ROI-8.0 %138.3 %28.8 %55.4 %58.3 %
Economic value added (EVA)-13.19511.5292.25122.89243.80
Solvency
Equity ratio62.3 %73.9 %73.0 %75.3 %66.8 %
Gearing26.5 %10.8 %12.8 %12.5 %30.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.73.82.03.22.4
Current ratio2.73.82.03.22.4
Cash and cash equivalents18.01593.89125.47290.25528.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:50.9%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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