LINQIT ApS
Credit rating
Company information
About LINQIT ApS
LINQIT ApS (CVR number: 33749643) is a company from DRAGØR. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -33.1 % compared to the previous year. The operating profit percentage was poor at -114 % (EBIT: -0 mDKK), while net earnings were 8960.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINQIT ApS's liquidity measured by quick ratio was 233.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.00 | 18.00 | 62.00 | 41.50 | |
Gross profit | 67.38 | -26.59 | -54.51 | -48.53 | -47.33 |
EBIT | 67.38 | -26.59 | -54.51 | -48.53 | -47.33 |
Net earnings | 33 548.37 | 19 018.18 | 36 059.50 | -17 870.47 | 8 960.40 |
Shareholders equity total | 170 156.44 | 186 146.14 | 220 192.65 | 202 220.27 | 210 734.24 |
Balance sheet total (assets) | 171 059.83 | 186 958.50 | 221 356.49 | 202 335.78 | 210 875.56 |
Net debt | -34 380.27 | -38 754.89 | -39 420.42 | -31 396.14 | -31 453.57 |
Profitability | |||||
EBIT-% | 67.4 % | -147.7 % | -78.3 % | -114.0 % | |
ROA | 25.5 % | 11.8 % | 18.5 % | -5.6 % | 5.0 % |
ROE | 21.7 % | 10.7 % | 17.7 % | -8.5 % | 4.3 % |
ROI | 25.6 % | 11.8 % | 18.5 % | -5.6 % | 5.0 % |
Economic value added (EVA) | 3 097.04 | 4 134.51 | 4 708.01 | 6 143.29 | 5 404.70 |
Solvency | |||||
Equity ratio | 99.5 % | 99.6 % | 99.5 % | 99.9 % | 99.9 % |
Gearing | 0.0 % | 0.0 % | |||
Relative net indebtedness % | -33476.9 % | -210791.9 % | -50587.3 % | -75660.6 % | |
Liquidity | |||||
Quick ratio | 38.3 | 47.7 | 34.4 | 288.2 | 233.7 |
Current ratio | 38.3 | 47.7 | 34.4 | 288.2 | 233.7 |
Cash and cash equivalents | 34 380.27 | 38 754.89 | 39 420.42 | 31 479.65 | 31 540.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 265.4 % | -1711.8 % | 4089.1 % | 11388.1 % | |
Credit risk | |||||
Credit rating | A | AA | A | BBB | A |
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