LINDE EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 29622507
Gellerupvej 61, 6800 Varde
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Credit rating

Company information

Official name
LINDE EJENDOMME ApS
Established
2006
Company form
Private limited company
Industry

About LINDE EJENDOMME ApS

LINDE EJENDOMME ApS (CVR number: 29622507) is a company from VARDE. The company recorded a gross profit of 469.1 kDKK in 2024. The operating profit was 412.9 kDKK, while net earnings were 258.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -12.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LINDE EJENDOMME ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit427.73460.12456.29430.07469.12
EBIT371.52403.92400.09373.87412.92
Net earnings225.11235.61262.50230.43258.62
Shareholders equity total-1 907.50-1 671.89-1 409.39-1 178.95- 920.34
Balance sheet total (assets)9 927.427 523.826 982.636 796.296 663.89
Net debt7 993.934 563.144 959.505 000.994 988.52
Profitability
EBIT-%
ROA3.1 %3.8 %4.5 %4.6 %5.3 %
ROE2.3 %2.7 %3.6 %3.3 %3.8 %
ROI4.1 %6.1 %7.7 %7.3 %8.2 %
Economic value added (EVA)-25.4098.08131.2283.64109.40
Solvency
Equity ratio-16.1 %-18.2 %-16.8 %-14.8 %-12.1 %
Gearing-419.1 %-314.9 %-367.3 %-431.6 %-543.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.00.0
Current ratio0.20.10.00.0
Cash and cash equivalents702.22217.2387.0910.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.31%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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