M Lindegaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M Lindegaard Holding ApS
M Lindegaard Holding ApS (CVR number: 39905779) is a company from VEJEN. The company recorded a gross profit of -9.8 kDKK in 2024. The operating profit was -9.8 kDKK, while net earnings were 448.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M Lindegaard Holding ApS's liquidity measured by quick ratio was 9.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -8.13 | -6.03 | -7.61 | -8.31 | -9.81 |
| EBIT | -8.13 | -6.03 | -7.61 | -8.31 | -9.81 |
| Net earnings | 523.70 | 414.21 | 380.97 | 502.53 | 448.93 |
| Shareholders equity total | 1 990.90 | 2 292.11 | 2 558.68 | 2 943.41 | 3 270.34 |
| Balance sheet total (assets) | 2 031.66 | 2 416.12 | 2 603.41 | 2 985.39 | 3 320.41 |
| Net debt | - 262.00 | - 371.71 | - 300.78 | - 137.62 | - 326.29 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.5 % | 20.3 % | 16.6 % | 19.3 % | 15.5 % |
| ROE | 29.3 % | 19.3 % | 15.7 % | 18.3 % | 14.4 % |
| ROI | 29.2 % | 21.1 % | 17.2 % | 19.6 % | 15.7 % |
| Economic value added (EVA) | -67.55 | - 104.74 | - 121.11 | - 135.05 | - 155.40 |
| Solvency | |||||
| Equity ratio | 98.0 % | 94.9 % | 98.3 % | 98.6 % | 98.5 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.8 | 4.3 | 10.3 | 11.2 | 9.7 |
| Current ratio | 10.8 | 4.3 | 10.3 | 11.2 | 9.7 |
| Cash and cash equivalents | 262.00 | 371.71 | 300.78 | 137.62 | 326.29 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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