LYNGENSEKS ApS — Credit Rating and Financial Key Figures

LYNGENSEKS ApS (CVR number: 29188963) is a company from GRIBSKOV. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a decline of -1.3 % compared to the previous year. The operating profit percentage was at 81.7 % (EBIT: 1.1 mDKK), while net earnings were 230.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.6 %, 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. LYNGENSEKS ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.