LINDAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINDAB A/S
LINDAB A/S (CVR number: 33124228) is a company from HADERSLEV. The company reported a net sales of 998.7 mDKK in 2024, demonstrating a growth of 5 % compared to the previous year. The operating profit percentage was at 6.3 % (EBIT: 63 mDKK), while net earnings were 66.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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 0.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 913.68 | 953.57 | 1 016.89 | 951.12 | 998.68 |
Gross profit | 197.77 | 219.79 | 203.63 | 200.05 | 207.95 |
EBIT | 77.47 | 91.00 | 64.49 | 68.94 | 63.02 |
Net earnings | 59.11 | 69.90 | 47.73 | 46.17 | 66.67 |
Shareholders equity total | 168.60 | 173.50 | 188.23 | 234.40 | 306.67 |
Balance sheet total (assets) | 331.35 | 405.62 | 531.02 | 529.33 | 584.61 |
Net debt | 21.25 | 123.49 | 225.02 | 176.94 | 182.70 |
Profitability | |||||
EBIT-% | 8.5 % | 9.5 % | 6.3 % | 7.2 % | 6.3 % |
ROA | 25.5 % | 24.8 % | 14.0 % | 13.3 % | 16.3 % |
ROE | 42.5 % | 40.9 % | 26.4 % | 21.9 % | 24.6 % |
ROI | 39.7 % | 36.1 % | 17.9 % | 16.7 % | 19.6 % |
Economic value added (EVA) | 50.53 | 60.50 | 34.57 | 32.35 | 27.45 |
Solvency | |||||
Equity ratio | 50.9 % | 42.8 % | 35.4 % | 44.3 % | 52.5 % |
Gearing | 12.6 % | 71.2 % | 119.5 % | 75.5 % | 59.6 % |
Relative net indebtedness % | 16.8 % | 23.3 % | 32.7 % | 29.9 % | 26.7 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.4 | 0.5 | 0.6 |
Current ratio | 1.2 | 1.1 | 0.7 | 0.8 | 1.0 |
Cash and cash equivalents | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.9 | 47.5 | 44.4 | 45.7 | 58.8 |
Net working capital % | 3.1 % | 2.8 % | -8.7 % | -6.1 % | -0.1 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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