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

CVR number: 32558712
Nørre Torv 15 B, 9800 Hjørring
lenalytzen@gmail.com
tel: 60242332

Credit rating

Company information

Official name
ERIK LYTZEN HOLDING A/S
Personnel
2 persons
Established
2009
Company form
Limited company
Industry

About ERIK LYTZEN HOLDING A/S

ERIK LYTZEN HOLDING A/S (CVR number: 32558712) is a company from HJØRRING. The company recorded a gross profit of 268.1 kDKK in 2023. The operating profit was -1052 kDKK, while net earnings were -897.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK LYTZEN HOLDING A/S's liquidity measured by quick ratio was 5.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit939.85419.93129.38174.51268.05
EBIT332.44-86.25- 408.22- 395.28-1 051.97
Net earnings221.58-34.62-73.00- 394.22- 897.93
Shareholders equity total17 029.5616 794.9516 721.9515 827.7314 812.01
Balance sheet total (assets)20 653.3719 977.1519 630.8918 516.3617 063.91
Net debt- 810.00- 467.82-1 805.71-1 105.93-3 969.10
Profitability
EBIT-%
ROA1.8 %-0.0 %-0.4 %-2.0 %-5.9 %
ROE1.3 %-0.2 %-0.4 %-2.4 %-5.9 %
ROI1.9 %-0.0 %-0.4 %-2.0 %-5.9 %
Economic value added (EVA)- 622.73- 874.52-1 051.44-1 069.61-1 578.27
Solvency
Equity ratio82.5 %84.1 %85.2 %85.5 %86.8 %
Gearing8.1 %8.5 %7.2 %6.9 %6.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.45.09.29.05.4
Current ratio3.95.09.29.05.4
Cash and cash equivalents2 183.091 900.883 015.582 197.584 961.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-5.86%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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