LYNGVIG ApS — Credit Rating and Financial Key Figures

CVR number: 26652499
Esbjerg Brygge 28, 6700 Esbjerg

Company information

Official name
LYNGVIG ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About LYNGVIG ApS

LYNGVIG ApS (CVR number: 26652499) is a company from ESBJERG. The company recorded a gross profit of -135.5 kDKK in 2024. The operating profit was -620.8 kDKK, while net earnings were 20.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LYNGVIG ApS's liquidity measured by quick ratio was 4.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 115.44- 291.63- 133.23-93.77- 135.47
EBIT- 380.12- 681.34- 545.76- 331.66- 620.81
Net earnings18 290.49441.91-22 837.6712 726.4420 604.62
Shareholders equity total121 107.79118 549.7094 212.03125 626.17141 230.79
Balance sheet total (assets)129 178.95129 372.86103 222.73128 502.21159 632.06
Net debt-63 171.10-45 343.05-20 957.86-42 209.95-51 078.87
Profitability
EBIT-%
ROA22.8 %0.9 %0.0 %24.0 %14.9 %
ROE16.2 %0.4 %-21.5 %11.6 %15.4 %
ROI23.4 %0.9 %0.0 %11.7 %15.0 %
Economic value added (EVA)-6 006.27-6 825.35-7 015.49-5 435.96-7 000.11
Solvency
Equity ratio93.8 %91.6 %91.3 %97.8 %88.5 %
Gearing2.3 %8.6 %9.0 %1.5 %12.4 %
Relative net indebtedness %
Liquidity
Quick ratio10.76.33.717.14.1
Current ratio10.76.33.717.14.1
Cash and cash equivalents66 011.4255 545.5929 472.0544 110.7668 645.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.5%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

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