LNG 2 A/S — Credit Rating and Financial Key Figures

CVR number: 27406866
Holbergsgade 14, 1057 København K
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Company information

Official name
LNG 2 A/S
Established
2003
Company form
Limited company
Industry

About LNG 2 A/S

LNG 2 A/S (CVR number: 27406866) is a company from KØBENHAVN. The company recorded a gross profit of -18 kUSD in 2017. The operating profit was -18 kUSD, while net earnings were -17 kUSD. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -25.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LNG 2 A/S's liquidity measured by quick ratio was 3.2 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2016
2017
Volume
Net sales
Gross profit-31.00-18.00
EBIT-31.00-18.00
Net earnings-33.00-17.00
Shareholders equity total76.0059.00
Balance sheet total (assets)102.0086.00
Net debt-64.00-48.00
Profitability
EBIT-%
ROA-29.4 %-17.0 %
ROE-43.4 %-25.2 %
ROI-32.3 %-18.9 %
Economic value added (EVA)-31.00-17.75
Solvency
Equity ratio74.5 %68.6 %
Gearing22.4 %28.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.93.2
Current ratio3.93.2
Cash and cash equivalents81.0065.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:-17.0%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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