Linde SAL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Linde SAL ApS
Linde SAL ApS (CVR number: 39230488) is a company from KOLDING. The company reported a net sales of -17.5 mDKK in 2023, demonstrating a growth of -37.2 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -17.5 mDKK), while net earnings were -15.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Linde SAL ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 595.58 | 12 734.33 | 24 672.73 | -27 871.77 | -17 504.34 |
Gross profit | 8 588.21 | 12 723.95 | 24 660.98 | -27 883.52 | -17 537.59 |
EBIT | 8 588.21 | 12 723.95 | 24 660.98 | -27 883.52 | -17 537.59 |
Net earnings | 8 579.66 | 12 638.77 | 24 518.55 | -28 143.72 | -15 551.02 |
Shareholders equity total | 115 653.79 | 128 269.88 | 152 722.42 | 225 798.60 | 210 410.49 |
Balance sheet total (assets) | 119 729.55 | 132 385.22 | 162 237.12 | 230 967.66 | 211 933.33 |
Net debt | 1 021.19 | 2 133.23 | 2 309.91 | - 411.29 | 374.45 |
Profitability | |||||
EBIT-% | 99.9 % | 99.9 % | 100.0 % | ||
ROA | 7.5 % | 10.1 % | 16.7 % | -14.1 % | -6.7 % |
ROE | 7.7 % | 10.4 % | 17.5 % | -14.9 % | -7.1 % |
ROI | 7.6 % | 10.3 % | 17.3 % | -14.6 % | -6.8 % |
Economic value added (EVA) | 8 592.95 | 12 901.34 | 24 882.95 | -26 462.33 | -23 054.98 |
Solvency | |||||
Equity ratio | 96.6 % | 96.9 % | 94.1 % | 97.8 % | 99.3 % |
Gearing | 1.8 % | 1.7 % | 1.7 % | 0.4 % | |
Relative net indebtedness % | 34.8 % | 31.5 % | 37.6 % | -17.1 % | -5.5 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.8 | 0.5 | 0.6 |
Current ratio | 0.5 | 0.5 | 0.8 | 0.5 | 0.6 |
Cash and cash equivalents | 1 088.37 | 105.73 | 233.10 | 411.29 | 554.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.5 % | -16.6 % | -9.2 % | 9.4 % | 3.4 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | BBB | BBB |
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