LYTZEN IT A/S — Credit Rating and Financial Key Figures

CVR number: 26195403
Ålborgvej 94, 9800 Hjørring
info@lytzenit.dk
tel: 88328788
www.lytzenit.dk

Company information

Official name
LYTZEN IT A/S
Established
2001
Company form
Limited company
Industry

About LYTZEN IT A/S

LYTZEN IT A/S (CVR number: 26195403) is a company from HJØRRING. The company recorded a gross profit of 46.1 mDKK in 2022. The operating profit was 5812.2 kDKK, while net earnings were 4338.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.3 %, 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. LYTZEN IT A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit38 466.6742 624.0042 644.0042 652.9646 120.28
EBIT2 141.974 544.001 672.003 176.535 812.16
Net earnings1 348.353 248.00977.002 145.454 338.67
Shareholders equity total4 609.616 258.007 234.009 129.8611 768.52
Balance sheet total (assets)50 481.6157 644.0054 131.0059 056.0655 235.54
Net debt27 976.214 820.078 369.34
Profitability
EBIT-%
ROA6.0 %8.4 %3.0 %5.7 %10.2 %
ROE20.8 %59.8 %14.5 %26.2 %41.5 %
ROI9.1 %9.9 %3.0 %8.8 %24.9 %
Economic value added (EVA)1 230.373 676.711 357.542 108.604 064.83
Solvency
Equity ratio9.1 %100.0 %100.0 %15.5 %21.3 %
Gearing611.8 %54.7 %72.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.8
Current ratio0.60.70.8
Cash and cash equivalents227.06173.88103.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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