Linnet ApS

CVR number: 39842645
Søndergade 13, Øster-Løgum 6230 Rødekro

Credit rating

Company information

Official name
Linnet ApS
Personnel
1 person
Established
2018
Domicile
Øster-Løgum
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About Linnet ApS

Linnet ApS (CVR number: 39842645) is a company from AABENRAA. The company recorded a gross profit of 585.5 kDKK in 2023. The operating profit was -342.1 kDKK, while net earnings were -500.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.4 %, which can be considered poor and Return on Equity (ROE) was -118.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Linnet ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit560.601 089.101 164.361 275.32585.52
EBIT- 101.91213.66-77.77-78.85- 342.07
Net earnings-93.39157.16-81.71- 102.72- 500.26
Shareholders equity total208.08365.25170.5467.83- 432.44
Balance sheet total (assets)1 106.181 420.451 447.643 232.05776.39
Net debt- 171.93- 300.4138.722 534.00- 178.27
Profitability
EBIT-%
ROA-11.1 %16.9 %-5.4 %-3.4 %-15.4 %
ROE-30.2 %54.8 %-30.5 %-86.2 %-118.5 %
ROI-19.1 %35.0 %-13.4 %-4.9 %-24.6 %
Economic value added (EVA)-98.48179.12-63.88-80.54- 344.76
Solvency
Equity ratio18.8 %25.7 %11.8 %2.1 %-35.8 %
Gearing57.8 %3757.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.41.10.30.6
Current ratio0.91.41.10.30.6
Cash and cash equivalents171.93300.4159.8014.40178.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-15.4%
Rating: 5/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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