Lyngco Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lyngco Holding ApS
Lyngco Holding ApS (CVR number: 38589644) is a company from AABENRAA. The company recorded a gross profit of -259.8 kDKK in 2023. The operating profit was -259.8 kDKK, while net earnings were 13.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 39 %, which can be considered excellent and Return on Equity (ROE) was 63.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.8 %, 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. Lyngco Holding ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 131.67 | -8.43 | 1 192.18 | 1 190.75 | - 259.75 |
EBIT | - 206.67 | -8.43 | 1 192.18 | 1 190.75 | - 259.75 |
Net earnings | 5 766.73 | 5 843.85 | 8 577.24 | 8 286.03 | 13 904.28 |
Shareholders equity total | 12 221.12 | 16 484.97 | 19 262.22 | 19 048.25 | 24 452.53 |
Balance sheet total (assets) | 30 131.12 | 32 424.16 | 32 387.39 | 32 543.17 | 42 300.35 |
Net debt | 17 431.85 | 15 813.51 | 12 669.23 | 12 034.04 | 16 892.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.7 % | 19.5 % | 27.6 % | 27.4 % | 39.0 % |
ROE | 58.6 % | 40.7 % | 48.0 % | 43.3 % | 63.9 % |
ROI | 16.7 % | 19.5 % | 27.8 % | 27.7 % | 39.2 % |
Economic value added (EVA) | 325.35 | 253.48 | 1 318.17 | 1 468.55 | 212.95 |
Solvency | |||||
Equity ratio | 40.6 % | 50.8 % | 59.5 % | 58.5 % | 57.8 % |
Gearing | 146.5 % | 96.6 % | 66.5 % | 69.4 % | 72.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.1 | 0.2 | 0.4 | 0.7 |
Current ratio | 0.1 | 0.1 | 0.2 | 0.4 | 0.7 |
Cash and cash equivalents | 468.15 | 115.68 | 147.32 | 1 189.45 | 944.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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