LYNGFELDT FINANSIERING A/S — Credit Rating and Financial Key Figures

CVR number: 24209210
Langskovvej 4, Langskov 8370 Hadsten
tel: 86914440

Credit rating

Company information

Official name
LYNGFELDT FINANSIERING A/S
Established
1999
Domicile
Langskov
Company form
Limited company
Industry

About LYNGFELDT FINANSIERING A/S

LYNGFELDT FINANSIERING A/S (CVR number: 24209210) is a company from FAVRSKOV. The company recorded a gross profit of 228.1 kDKK in 2022. The operating profit was 228.1 kDKK, while net earnings were 189.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LYNGFELDT FINANSIERING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit356.73302.70353.62252.85228.06
EBIT356.73302.70353.62252.85228.06
Net earnings289.17250.93287.53208.92189.59
Shareholders equity total790.91752.67789.27710.67691.34
Balance sheet total (assets)1 738.882 066.592 445.212 694.312 931.48
Net debt858.691 235.411 567.121 916.992 178.94
Profitability
EBIT-%
ROA24.3 %17.2 %16.8 %10.8 %9.2 %
ROE35.5 %32.5 %37.3 %27.9 %27.0 %
ROI25.9 %18.0 %17.4 %11.1 %9.4 %
Economic value added (EVA)236.11196.36238.00157.56142.18
Solvency
Equity ratio45.5 %36.4 %32.3 %26.4 %23.6 %
Gearing108.6 %164.1 %198.6 %269.7 %315.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.61.51.41.3
Current ratio1.81.61.51.41.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.17%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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