LINAK DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LINAK DANMARK A/S
LINAK DANMARK A/S (CVR number: 18070073) is a company from SILKEBORG. The company reported a net sales of 273 mDKK in 2024, demonstrating a growth of 5.8 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 12.7 mDKK), while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent and Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.3 %, 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 3.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 301.71 | 322.57 | 276.61 | 257.93 | 272.99 |
| Gross profit | 47.83 | 47.84 | 45.85 | 45.63 | 49.37 |
| EBIT | 12.43 | 13.03 | 12.72 | 11.42 | 12.66 |
| Net earnings | 9.74 | 10.29 | 10.23 | 9.60 | 10.34 |
| Shareholders equity total | 55.66 | 60.95 | 66.18 | 70.78 | 66.11 |
| Balance sheet total (assets) | 94.50 | 99.44 | 83.21 | 82.58 | 80.35 |
| Net debt | -2.14 | -0.24 | |||
| Profitability | |||||
| EBIT-% | 4.1 % | 4.0 % | 4.6 % | 4.4 % | 4.6 % |
| ROA | 14.6 % | 13.4 % | 13.9 % | 14.4 % | 15.8 % |
| ROE | 18.3 % | 17.7 % | 16.1 % | 14.0 % | 15.1 % |
| ROI | 23.0 % | 22.0 % | 19.7 % | 17.2 % | 18.4 % |
| Economic value added (EVA) | 7.24 | 7.61 | 7.04 | 5.83 | 6.67 |
| Solvency | |||||
| Equity ratio | 58.9 % | 61.3 % | 79.5 % | 85.7 % | 82.3 % |
| Gearing | 0.1 % | 0.9 % | |||
| Relative net indebtedness % | 12.6 % | 11.7 % | 5.8 % | 3.3 % | 4.5 % |
| Liquidity | |||||
| Quick ratio | 2.2 | 2.4 | 4.4 | 4.1 | 3.4 |
| Current ratio | 2.2 | 2.4 | 4.4 | 6.5 | 5.2 |
| Cash and cash equivalents | 2.19 | 0.84 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 46.2 | 44.0 | |||
| Net working capital % | 15.1 % | 16.0 % | 20.0 % | 22.9 % | 20.4 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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