LINAK DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 18070073
Mønstedsvej 9, 8600 Silkeborg
linak@linak-silkeborg.dk
tel: 86829051

Credit rating

Company information

Official name
LINAK DANMARK A/S
Personnel
51 persons
Established
1994
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About LINAK DANMARK A/S

LINAK DANMARK A/S (CVR number: 18070073) is a company from SILKEBORG. The company reported a net sales of 257.9 mDKK in 2023, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 11.4 mDKK), while net earnings were 9598 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINAK DANMARK A/S's liquidity measured by quick ratio was 4.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales285.96301.71322.57276.61257.93
Gross profit45.2047.8347.8445.8545.63
EBIT11.1212.4313.0312.7211.42
Net earnings8.789.7410.2910.239.60
Shareholders equity total50.9255.6660.9566.1870.78
Balance sheet total (assets)75.2994.5099.4483.2182.58
Net debt3.63-2.14
Profitability
EBIT-%3.9 %4.1 %4.0 %4.6 %4.4 %
ROA13.4 %14.6 %13.4 %14.1 %14.4 %
ROE18.9 %18.3 %17.7 %16.1 %14.0 %
ROI23.5 %23.0 %22.0 %19.3 %16.7 %
Economic value added (EVA)8.819.8110.4110.125.93
Solvency
Equity ratio67.6 %58.9 %61.3 %79.5 %85.7 %
Gearing7.0 %0.1 %
Relative net indebtedness %8.2 %12.6 %11.7 %5.5 %3.3 %
Liquidity
Quick ratio2.72.22.42.54.1
Current ratio2.72.22.44.46.5
Cash and cash equivalents0.972.19
Capital use efficiency
Trade debtors turnover (days)47.346.2
Net working capital %14.0 %15.1 %16.0 %20.0 %22.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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