LINDAB A/S — Credit Rating and Financial Key Figures

CVR number: 33124228
Langkær 20, 6100 Haderslev
lindab@lindab.dk
tel: 73232324

Credit rating

Company information

Official name
LINDAB A/S
Personnel
502 persons
Established
1971
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About LINDAB A/S

LINDAB A/S (CVR number: 33124228) is a company from HADERSLEV. The company reported a net sales of 951.1 mDKK in 2023, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 68.9 mDKK), while net earnings were 46.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LINDAB A/S's liquidity measured by quick ratio was 0.5 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales876.51913.68953.571 016.89951.12
Gross profit177.03197.77219.79203.63200.05
EBIT55.9777.4791.0064.4968.94
Net earnings36.8559.1169.9047.7346.17
Shareholders equity total109.49168.60173.50188.23234.40
Balance sheet total (assets)277.67331.35405.62531.02529.33
Net debt72.5221.25123.49225.020.17
Profitability
EBIT-%6.4 %8.5 %9.5 %6.3 %7.2 %
ROA20.2 %25.5 %24.8 %14.0 %13.3 %
ROE33.2 %42.5 %40.9 %26.4 %21.9 %
ROI31.0 %39.7 %36.1 %17.9 %21.1 %
Economic value added (EVA)35.9854.6962.0941.8051.24
Solvency
Equity ratio39.4 %50.9 %42.8 %35.4 %44.3 %
Gearing66.2 %12.6 %71.2 %119.5 %0.1 %
Relative net indebtedness %18.1 %16.8 %23.3 %32.7 %29.9 %
Liquidity
Quick ratio0.50.70.60.40.5
Current ratio1.01.21.10.70.8
Cash and cash equivalents0.010.010.010.010.00
Capital use efficiency
Trade debtors turnover (days)30.036.947.544.445.7
Net working capital %-0.6 %3.1 %2.8 %-8.7 %-6.1 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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