Litzy ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Litzy ApS
Litzy ApS (CVR number: 38401041) is a company from HJØRRING. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 59.3 % compared to the previous year. The operating profit percentage was poor at -6.1 % (EBIT: -0 mDKK), while net earnings were -3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4 %, which can be considered poor and Return on Equity (ROE) was -18.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Litzy ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9.04 | 5.69 | 8.76 | 7.05 | 11.24 |
Gross profit | -5.41 | -2.73 | -1.52 | -1.08 | 1.66 |
EBIT | -9.31 | -2.73 | -1.52 | -1.08 | -0.69 |
Net earnings | -12.94 | -7.47 | -2.43 | -3.36 | -3.03 |
Shareholders equity total | -56.83 | 19.67 | 19.48 | 16.23 | 15.78 |
Balance sheet total (assets) | 20.48 | 19.85 | 19.89 | 16.91 | 17.45 |
Net debt | 77.36 | 0.12 | -1.82 | -0.33 | -3.40 |
Profitability | |||||
EBIT-% | -103.0 % | -47.9 % | -17.4 % | -15.3 % | -6.1 % |
ROA | -12.0 % | -5.6 % | -7.7 % | -5.9 % | -4.0 % |
ROE | -63.2 % | -37.2 % | -12.4 % | -18.8 % | -18.9 % |
ROI | -12.0 % | -5.6 % | -7.8 % | -6.0 % | -4.3 % |
Economic value added (EVA) | -12.55 | -5.96 | -1.15 | -0.87 | -0.50 |
Solvency | |||||
Equity ratio | -73.4 % | 99.1 % | 98.0 % | 95.9 % | 90.4 % |
Gearing | -136.1 % | 0.6 % | |||
Relative net indebtedness % | 854.9 % | 3.1 % | -16.1 % | 5.1 % | -15.4 % |
Liquidity | |||||
Quick ratio | 4.5 | 0.5 | 2.0 | ||
Current ratio | - 372.4 | 367.5 | 49.0 | 24.6 | 10.4 |
Cash and cash equivalents | 1.82 | 0.33 | 3.40 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 227.1 % | 347.6 % | 222.5 % | 230.0 % | 140.4 % |
Credit risk | |||||
Credit rating | B | BB | B | BB | B |
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