Lyngcar ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lyngcar ApS
Lyngcar ApS (CVR number: 38234463) is a company from KØBENHAVN. The company recorded a gross profit of -11.8 kDKK in 2024. The operating profit was -11.8 kDKK, while net earnings were -31.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Lyngcar ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 217.84 | 449.57 | 75.13 | -11.79 | |
EBIT | 10.43 | 28.17 | 75.13 | -11.79 | |
Net earnings | -6.26 | 23.84 | 66.70 | 75.13 | -31.78 |
Shareholders equity total | 1 708.71 | 1 732.56 | 1 823.10 | 1 898.23 | 578.95 |
Balance sheet total (assets) | 1 927.76 | 3 831.02 | 3 855.10 | 3 930.23 | 2 632.93 |
Net debt | - 976.81 | -2 707.41 | -2 731.49 | -2 731.49 | -1 432.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 1.0 % | 1.9 % | -0.4 % | |
ROE | -0.4 % | 1.4 % | 3.8 % | 4.0 % | -2.6 % |
ROI | 0.6 % | 1.6 % | 4.0 % | -1.0 % | |
Economic value added (EVA) | -81.31 | -57.69 | -87.06 | -16.48 | - 107.18 |
Solvency | |||||
Equity ratio | 88.6 % | 45.2 % | 47.3 % | 48.3 % | 22.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.8 | 1.8 | 1.9 | 1.9 | 1.3 |
Current ratio | 8.8 | 1.8 | 1.9 | 1.9 | 1.3 |
Cash and cash equivalents | 976.81 | 2 707.41 | 2 731.49 | 2 731.49 | 1 432.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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