LINESCO LINNED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 earnings | 1 094.65 | 677.42 | -1 946.38 | 919.04 | - 405.95 |
Shareholders equity total | 8 608.05 | 9 035.46 | 6 739.08 | 7 358.12 | 6 652.16 |
Balance sheet total (assets) | 8 753.07 | 9 281.35 | 6 782.98 | 7 436.93 | 6 737.16 |
Net debt | -8 624.22 | -9 174.99 | -6 641.70 | -7 292.26 | -6 583.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.6 % | 11.7 % | -0.0 % | 15.4 % | -0.2 % |
ROE | 13.4 % | 7.7 % | -24.7 % | 13.0 % | -5.8 % |
ROI | 17.8 % | 12.0 % | -0.0 % | 15.4 % | -0.2 % |
Economic value added (EVA) | - 251.65 | - 244.09 | - 367.17 | - 347.89 | - 459.98 |
Solvency | |||||
Equity ratio | 98.3 % | 97.4 % | 99.4 % | 98.9 % | 98.7 % |
Gearing | 0.0 % | 0.6 % | 1.0 % | 1.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 60.1 | 37.6 | 153.8 | 94.0 | 78.9 |
Current ratio | 60.1 | 37.6 | 153.8 | 94.0 | 78.9 |
Cash and cash equivalents | 8 624.22 | 9 179.31 | 6 685.30 | 7 365.94 | 6 668.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | BBB |
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