LINESCO LINNED A/S — Credit Rating and Financial Key Figures

CVR number: 42629111
Folden 4, Horneby 3100 Hornbæk

Credit rating

Company information

Official name
LINESCO LINNED A/S
Personnel
2 persons
Established
1972
Domicile
Horneby
Company form
Limited company
Industry

About LINESCO LINNED A/S

LINESCO LINNED A/S (CVR number: 42629111) is a company from HELSINGØR. The company recorded a gross profit of -233.7 kDKK in 2024. The operating profit was -463.9 kDKK, while net earnings were -406 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LINESCO LINNED A/S's liquidity measured by quick ratio was 78.9 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- 172.72- 188.95- 245.63- 219.04- 233.72
EBIT- 301.23- 317.58- 374.40- 347.87- 463.90
Net earnings1 094.65677.42-1 946.38919.04- 405.95
Shareholders equity total8 608.059 035.466 739.087 358.126 652.16
Balance sheet total (assets)8 753.079 281.356 782.987 436.936 737.16
Net debt-8 624.22-9 174.99-6 641.70-7 292.26-6 583.18
Profitability
EBIT-%
ROA17.6 %11.7 %-0.0 %15.4 %-0.2 %
ROE13.4 %7.7 %-24.7 %13.0 %-5.8 %
ROI17.8 %12.0 %-0.0 %15.4 %-0.2 %
Economic value added (EVA)- 251.65- 244.09- 367.17- 347.89- 459.98
Solvency
Equity ratio98.3 %97.4 %99.4 %98.9 %98.7 %
Gearing0.0 %0.6 %1.0 %1.3 %
Relative net indebtedness %
Liquidity
Quick ratio60.137.6153.894.078.9
Current ratio60.137.6153.894.078.9
Cash and cash equivalents8 624.229 179.316 685.307 365.946 668.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:-0.22%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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