Lemonsoft Oyj

Helsinki Stock Exchange LEMON.HE

Lemonsoft Oyj Interest Coverage Ratio for the year ending December 31, 2023: 21.54

Lemonsoft Oyj Interest Coverage Ratio is 21.54 for the year ending December 31, 2023, a -89.34% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Lemonsoft Oyj Interest Coverage Ratio for the year ending December 31, 2022 was 202.02, a 48.56% change year over year.
  • Lemonsoft Oyj Interest Coverage Ratio for the year ending December 31, 2021 was 135.99, a 31.77% change year over year.
  • Lemonsoft Oyj Interest Coverage Ratio for the year ending December 31, 2020 was 103.20, a -90.62% change year over year.
  • Lemonsoft Oyj Interest Coverage Ratio for the year ending December 31, 2019 was 1,100.58, a 320.50% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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Helsinki Stock Exchange: LEMON.HE

Lemonsoft Oyj

CEO Mr. Alpo Luostarinen M.Sc.
IPO Date Nov. 17, 2021
Location Finland
Headquarters Vaasanpuistikko 20 A
Employees 231
Sector Technology
Industries
Description

Lemonsoft Oyj designs, develops, and sells enterprise resource planning software solutions in Finland and internationally. It offers financial management module, which automates various tasks, such as accounting, invoicing, processing purchase invoices, sending orders, payroll with official notifications, filing tax returns, and preparing financial statements to automated and electronic ones; payroll and personnel administration program comprise personal register, competence profiles, events, payroll, payment of wages, reporting, travel invoices, expense voucher, recording of working time, working time stamping terminal, shift planning, production work and project management, and processing slips and holidays; and customer relationship management module provides customer knowledge, and sales and management tools. The company also provides business intelligence that supports customers in managing and acting in information, automation of reporting, strategy implementation and communication, and standard solution; LemonFiles, a cloud-based solution for data management; project management manages entire process from the tender stage to project implementation, and accounting; dynamic reporting products, and other management tools; resource management module shows the available resources; logistics module includes versatile and extensive functions for managing company's material flows, and logistics chain; production control for planning and management of different types of production methods. In addition, it offers service interfaces, such as LemonHUB that allows to send and receive online invoices, orders, and confirmations; and other software products. It serves industrial manufacturing, wholesale and retail, professional services automation, and construction and contracting industries, as well as accounting firms. Lemonsoft Oyj was incorporated in 2006 and is based in Vaasa, Finland.

StockViz Staff

January 15, 2025

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