LB-IT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 864.00 | 33 675.00 | 32 489.00 | 23 729.00 | 22 748.00 |
Gross profit | - 357.00 | 32 179.00 | 31 901.00 | 23 112.00 | 22 051.00 |
EBIT | -71 762.00 | 4 321.00 | - 115 969.00 | 3 583.00 | -18 355.00 |
Net earnings | -54 645.00 | -3 326.00 | -90 499.00 | 2 904.00 | -13 340.00 |
Shareholders equity total | 377 286.00 | 373 960.00 | 208 461.00 | 186 365.00 | 163 025.00 |
Balance sheet total (assets) | 459 703.00 | 465 481.00 | 261 191.00 | 232 481.00 | 200 229.00 |
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 | -95 424.32 | 588.56 | -16 391.74 |
Solvency | |||||
Equity ratio | 82.1 % | 80.3 % | 79.8 % | 80.2 % | 81.4 % |
Gearing | |||||
Relative net indebtedness % | -82.1 % | 31.6 % | -1.4 % | -9.2 % | -44.9 % |
Liquidity | |||||
Quick ratio | 434.0 | 7.7 | 6.8 | 7.8 | 9.1 |
Current ratio | 434.0 | 7.7 | 6.8 | 7.8 | 9.1 |
Cash and cash equivalents | 8 291.00 | 4 574.00 | 9 282.00 | 8 709.00 | 16 715.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 842.9 % | 301.1 % | 158.1 % | 187.5 % | 231.5 % |
Credit risk | |||||
Credit rating | BBB | A | BBB | AA | A |
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