Værksted Lindved A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Værksted Lindved A/S
Værksted Lindved A/S (CVR number: 33772076) is a company from HEDENSTED. The company recorded a gross profit of -26.1 kDKK in 2019. The operating profit was -869.2 kDKK, while net earnings were -671.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.4 %, which can be considered poor and Return on Equity (ROE) was -50.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.2 %, 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. Værksted Lindved A/S's liquidity measured by quick ratio was 1.5 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 577.22 | 1 411.96 | 921.09 | -26.13 |
EBIT | 148.69 | 88.45 | 14.15 | - 869.19 |
Net earnings | 104.72 | 28.16 | 33.03 | - 671.90 |
Shareholders equity total | 1 600.06 | 1 628.22 | 1 661.25 | 989.35 |
Balance sheet total (assets) | 2 670.01 | 2 410.22 | 2 895.15 | 1 930.84 |
Net debt | - 603.25 | - 238.50 | 879.38 | 789.30 |
Profitability | ||||
EBIT-% | ||||
ROA | 5.6 % | 3.7 % | 1.8 % | -34.4 % |
ROE | 6.5 % | 1.7 % | 2.0 % | -50.7 % |
ROI | 6.8 % | 4.4 % | 2.1 % | -37.8 % |
Economic value added (EVA) | 125.86 | 67.40 | -22.69 | - 761.58 |
Solvency | ||||
Equity ratio | 59.9 % | 67.6 % | 57.4 % | 51.2 % |
Gearing | 32.6 % | 16.8 % | 53.2 % | 80.0 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.5 | 1.2 | 1.2 | 1.5 |
Current ratio | 2.3 | 2.9 | 2.2 | 2.1 |
Cash and cash equivalents | 1 124.24 | 512.81 | 4.18 | 1.71 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | BBB | BB |
Variable visualization
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