M J LINDBERG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About M J LINDBERG A/S
M J LINDBERG A/S (CVR number: 26590701) is a company from AABENRAA. The company recorded a gross profit of 68.7 kDKK in 2023. The operating profit was -8.4 kDKK, while net earnings were 214.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M J LINDBERG A/S's liquidity measured by quick ratio was 79.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -88.57 | -3.17 | -25.93 | -5.16 | 68.75 |
EBIT | - 416.34 | - 338.17 | -25.93 | - 283.66 | -8.43 |
Net earnings | - 376.76 | - 278.23 | 164.37 | - 207.41 | 214.25 |
Shareholders equity total | 8 024.17 | 7 700.95 | 7 585.31 | 7 377.90 | 7 592.15 |
Balance sheet total (assets) | 8 055.26 | 7 711.95 | 7 596.31 | 7 405.32 | 7 679.04 |
Net debt | -62.93 | -2.56 | -1.82 | 4.08 | -21.75 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.9 % | -3.1 % | 2.1 % | -2.8 % | 3.0 % |
ROE | -4.6 % | -3.5 % | 2.2 % | -2.8 % | 2.9 % |
ROI | -4.0 % | -3.1 % | 2.2 % | -2.8 % | 3.0 % |
Economic value added (EVA) | - 832.53 | - 738.07 | - 412.77 | - 664.73 | - 378.57 |
Solvency | |||||
Equity ratio | 99.6 % | 99.9 % | 99.9 % | 99.6 % | 98.9 % |
Gearing | 0.0 % | 0.2 % | 0.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 211.6 | 569.7 | 550.3 | 213.8 | 79.7 |
Current ratio | 211.6 | 569.7 | 550.3 | 213.8 | 79.7 |
Cash and cash equivalents | 65.93 | 2.56 | 1.82 | 11.90 | 61.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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