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LINDCON OPTICAL GROUP A/S

CVR number: 26475317
Grenåvej 745 G, 8541 Skødstrup

Credit rating

Company information

Official name
LINDCON OPTICAL GROUP A/S
Personnel
7 persons
Established
1970
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

LINDCON OPTICAL GROUP A/S (CVR number: 26475317) is a company from AARHUS. The company recorded a gross profit of 3184.8 kDKK in 2020. The operating profit was 909.3 kDKK, while net earnings were 534.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 102.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LINDCON OPTICAL GROUP A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales
Gross profit4 306.193 254.043 576.591 846.103 184.78
EBIT938.00168.08618.69- 444.99909.28
Net earnings266.62- 378.83232.20- 581.95534.93
Shareholders equity total980.84602.01834.22252.27787.20
Balance sheet total (assets)7 268.067 136.027 609.176 090.823 705.30
Net debt3 763.763 875.314 086.053 985.70-87.39
Profitability
EBIT-%
ROA9.1 %-2.0 %7.0 %-7.3 %18.2 %
ROE27.2 %-47.9 %32.3 %-107.1 %102.9 %
ROI12.4 %-2.7 %9.6 %-9.8 %30.0 %
Economic value added (EVA)726.37-45.25276.57- 553.93547.36
Solvency
Equity ratio13.5 %8.5 %11.0 %4.1 %21.2 %
Gearing384.8 %668.7 %492.3 %1581.7 %40.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.50.20.4
Current ratio1.11.51.31.01.2
Cash and cash equivalents10.35150.5721.174.32401.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Equity ratio:21.2%
Rating: 20/100
-1%
21%
50%
81%
99%
100%

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