Lynge Nielsen A/S — Credit Rating and Financial Key Figures

Lynge Nielsen A/S (CVR number: 43467735) is a company from ODENSE. The company recorded a gross profit of 995.5 kDKK in 2023. The operating profit was 19 kDKK, while net earnings were 17.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 6.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Lynge Nielsen A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.