LYNNERUP IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LYNNERUP IT ApS
LYNNERUP IT ApS (CVR number: 26941423) is a company from BALLERUP. The company recorded a gross profit of 162.1 kDKK in 2023. The operating profit was -61.9 kDKK, while net earnings were -61.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.6 %, which can be considered poor and Return on Equity (ROE) was -34.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LYNNERUP IT ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 482.63 | ||||
Gross profit | 326.12 | 358.95 | 366.37 | 456.18 | 162.10 |
EBIT | 0.24 | -28.01 | 22.47 | 32.54 | -61.85 |
Net earnings | -1.26 | -28.01 | 22.47 | 32.54 | -61.60 |
Shareholders equity total | 190.77 | 160.77 | 180.37 | 211.16 | 149.55 |
Balance sheet total (assets) | 294.16 | 330.17 | 298.45 | 317.16 | 205.96 |
Net debt | -23.65 | - 100.54 | -64.90 | -47.40 | -45.90 |
Profitability | |||||
EBIT-% | 0.0 % | ||||
ROA | 0.1 % | -9.0 % | 7.2 % | 10.6 % | -23.6 % |
ROE | -0.7 % | -15.9 % | 13.2 % | 16.6 % | -34.2 % |
ROI | 0.1 % | -15.9 % | 13.2 % | 16.6 % | -34.2 % |
Economic value added (EVA) | -9.17 | -33.04 | 22.75 | 28.54 | -67.30 |
Solvency | |||||
Equity ratio | 64.9 % | 48.7 % | 60.4 % | 66.6 % | 72.6 % |
Gearing | |||||
Relative net indebtedness % | 16.5 % | ||||
Liquidity | |||||
Quick ratio | 2.5 | 1.8 | 2.4 | 2.9 | 3.5 |
Current ratio | 2.8 | 1.9 | 2.5 | 3.0 | 3.7 |
Cash and cash equivalents | 23.65 | 100.54 | 64.90 | 47.40 | 45.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 61.4 | ||||
Net working capital % | 39.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
Variable visualization
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