JØRN LYTH SKAGEN A/S — Credit Rating and Financial Key Figures

CVR number: 35811575
Håndværkervej 11, 9990 Skagen

Credit rating

Company information

Official name
JØRN LYTH SKAGEN A/S
Personnel
12 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About JØRN LYTH SKAGEN A/S

JØRN LYTH SKAGEN A/S (CVR number: 35811575) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5657.8 kDKK in 2023. The operating profit was 434.9 kDKK, while net earnings were 296 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 65.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.6 %, 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. JØRN LYTH SKAGEN A/S's liquidity measured by quick ratio was 1.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 144.774 588.914 613.454 518.455 657.75
EBIT388.10287.81- 445.81- 134.07434.91
Net earnings266.47196.26- 386.04- 143.44296.04
Shareholders equity total938.781 135.04449.00305.56601.60
Balance sheet total (assets)4 839.483 991.734 309.793 080.263 697.67
Net debt780.33-82.98809.64750.61873.25
Profitability
EBIT-%
ROA8.7 %6.8 %-10.4 %-3.3 %13.2 %
ROE33.1 %18.9 %-48.7 %-38.0 %65.3 %
ROI13.0 %10.8 %-17.7 %-6.8 %33.4 %
Economic value added (EVA)269.40178.04- 388.28- 120.39329.55
Solvency
Equity ratio19.4 %28.4 %10.9 %9.9 %16.6 %
Gearing86.8 %22.7 %211.4 %291.3 %148.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.31.00.91.2
Current ratio1.31.51.01.21.4
Cash and cash equivalents34.92340.54139.50139.5018.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.6%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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