ERIK LYTZEN A/S — Credit Rating and Financial Key Figures

ERIK LYTZEN A/S (CVR number: 26195438) is a company from HJØRRING. The company recorded a gross profit of 74.9 mDKK in 2023. The operating profit was 10.1 mDKK, while net earnings were 7310 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERIK LYTZEN A/S's liquidity measured by quick ratio was 1.4 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.