Linde SAL ApS — Credit Rating and Financial Key Figures

CVR number: 39230488
Gl. Strandvej 11, 6000 Kolding

Credit rating

Company information

Official name
Linde SAL ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales8 595.5812 734.3324 672.73-27 871.77-17 504.34
Gross profit8 588.2112 723.9524 660.98-27 883.52-17 537.59
EBIT8 588.2112 723.9524 660.98-27 883.52-17 537.59
Net earnings8 579.6612 638.7724 518.55-28 143.72-15 551.02
Shareholders equity total115 653.79128 269.88152 722.42225 798.60210 410.49
Balance sheet total (assets)119 729.55132 385.22162 237.12230 967.66211 933.33
Net debt1 021.192 133.232 309.91- 411.29374.45
Profitability
EBIT-%99.9 %99.9 %100.0 %
ROA7.5 %10.1 %16.7 %-14.1 %-6.7 %
ROE7.7 %10.4 %17.5 %-14.9 %-7.1 %
ROI7.6 %10.3 %17.3 %-14.6 %-6.8 %
Economic value added (EVA)8 592.9512 901.3424 882.95-26 462.33-23 054.98
Solvency
Equity ratio96.6 %96.9 %94.1 %97.8 %99.3 %
Gearing1.8 %1.7 %1.7 %0.4 %
Relative net indebtedness %34.8 %31.5 %37.6 %-17.1 %-5.5 %
Liquidity
Quick ratio0.50.50.80.50.6
Current ratio0.50.50.80.50.6
Cash and cash equivalents1 088.37105.73233.10411.29554.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23.5 %-16.6 %-9.2 %9.4 %3.4 %
Credit risk
Credit ratingAAAAAAABBBBBB

Variable visualization

ROA:-6.67%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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