Litsen ApS — Credit Rating and Financial Key Figures

CVR number: 37837377
Pantonevej 4, 6580 Vamdrup
info@litsen.dk
tel: 53383000
http://www.litsen.dk/
Free credit report

Credit rating

Company information

Official name
Litsen ApS
Personnel
18 persons
Established
2016
Company form
Private limited company
Industry

About Litsen ApS

Litsen ApS (CVR number: 37837377) is a company from KOLDING. The company recorded a gross profit of 17.2 mDKK in 2023. The operating profit was 1033 kDKK, while net earnings were 550.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.6 %, 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. Litsen ApS's liquidity measured by quick ratio was 1.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 947.4710 132.099 986.2617 801.6717 182.05
EBIT637.291 483.30- 421.181 707.841 033.03
Net earnings476.201 146.63- 579.541 149.53550.87
Shareholders equity total1 377.702 286.331 166.792 316.322 179.70
Balance sheet total (assets)2 544.704 137.706 560.436 908.068 528.48
Net debt- 334.68-1 582.05- 280.88- 447.17-58.58
Profitability
EBIT-%
ROA30.2 %44.6 %-7.7 %25.5 %13.6 %
ROE42.0 %62.6 %-33.6 %66.0 %24.5 %
ROI54.9 %80.6 %-22.0 %89.3 %46.0 %
Economic value added (EVA)474.671 102.10- 430.701 417.43696.89
Solvency
Equity ratio54.1 %55.3 %17.8 %33.5 %25.6 %
Gearing2.0 %0.1 %27.3 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.02.21.11.81.3
Current ratio2.02.21.32.01.4
Cash and cash equivalents362.901 584.62599.67449.7558.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.6%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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