Lyngcar ApS — Credit Rating and Financial Key Figures

CVR number: 38234463
Frederiksgade 21, 1265 København K

Credit rating

Company information

Official name
Lyngcar ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Lyngcar ApS

Lyngcar ApS (CVR number: 38234463) is a company from KØBENHAVN. The company recorded a gross profit of 75.1 kDKK in 2023. The operating profit was 75.1 kDKK, while net earnings were 75.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. Lyngcar ApS's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 991.361 217.84449.5775.13
EBIT622.8910.4328.1775.13
Net earnings460.80-6.2623.8466.7075.13
Shareholders equity total1 825.581 708.711 732.561 823.101 898.23
Balance sheet total (assets)2 318.411 927.763 831.023 855.103 930.23
Net debt-70.40- 976.81-2 707.41-2 731.49-2 731.49
Profitability
EBIT-%
ROA30.8 %0.5 %1.0 %1.9 %
ROE27.9 %-0.4 %1.4 %3.8 %4.0 %
ROI37.8 %0.6 %1.6 %4.0 %
Economic value added (EVA)395.29-77.77-8.6148.99120.78
Solvency
Equity ratio78.7 %88.6 %45.2 %47.3 %48.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.78.81.81.91.9
Current ratio4.78.81.81.91.9
Cash and cash equivalents70.40976.812 707.412 731.492 731.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:1.93%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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