LB-IT A/S — Credit Rating and Financial Key Figures

CVR number: 32647790
Amerika Plads 15, 2100 København Ø

Company information

Official name
LB-IT A/S
Established
2009
Company form
Limited company
Industry

About LB-IT A/S

LB-IT A/S (CVR number: 32647790) is a company from KØBENHAVN. The company reported a net sales of 22.7 mDKK in 2023, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was poor at -80.7 % (EBIT: -18.4 mDKK), while net earnings were -13.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.9 %, which can be considered poor and Return on Equity (ROE) was -7.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LB-IT A/S's liquidity measured by quick ratio was 9.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales9 864.0033 675.0032 489.0023 729.0022 748.00
Gross profit- 357.0032 179.0031 901.0023 112.0022 051.00
EBIT-71 762.004 321.00- 115 969.003 583.00-18 355.00
Net earnings-54 645.00-3 326.00-90 499.002 904.00-13 340.00
Shareholders equity total377 286.00373 960.00208 461.00186 365.00163 025.00
Balance sheet total (assets)459 703.00465 481.00261 191.00232 481.00200 229.00
Net debt-8 291.00-4 574.00-9 282.00-8 709.00-16 715.00
Profitability
EBIT-%-727.5 %12.8 %-356.9 %15.1 %-80.7 %
ROA-15.4 %1.4 %-31.9 %1.5 %-7.9 %
ROE-14.9 %-0.9 %-31.1 %1.5 %-7.6 %
ROI-16.0 %1.4 %-33.0 %1.6 %-8.1 %
Economic value added (EVA)-56 170.61- 846.82-95 424.32588.56-16 391.74
Solvency
Equity ratio82.1 %80.3 %79.8 %80.2 %81.4 %
Gearing
Relative net indebtedness %-82.1 %31.6 %-1.4 %-9.2 %-44.9 %
Liquidity
Quick ratio434.07.76.87.89.1
Current ratio434.07.76.87.89.1
Cash and cash equivalents8 291.004 574.009 282.008 709.0016 715.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %842.9 %301.1 %158.1 %187.5 %231.5 %
Credit risk
Credit ratingBBBABBBAAA

Variable visualization

ROA:-7.90%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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