ERIK LYTZEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 939.85 | 419.93 | 129.38 | 174.51 | 268.05 |
EBIT | 332.44 | -86.25 | - 408.22 | - 395.28 | -1 051.97 |
Net earnings | 221.58 | -34.62 | -73.00 | - 394.22 | - 897.93 |
Shareholders equity total | 17 029.56 | 16 794.95 | 16 721.95 | 15 827.73 | 14 812.01 |
Balance sheet total (assets) | 20 653.37 | 19 977.15 | 19 630.89 | 18 516.36 | 17 063.91 |
Net debt | - 810.00 | - 467.82 | -1 805.71 | -1 105.93 | -3 969.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | -0.0 % | -0.4 % | -2.0 % | -5.9 % |
ROE | 1.3 % | -0.2 % | -0.4 % | -2.4 % | -5.9 % |
ROI | 1.9 % | -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 ratio | 82.5 % | 84.1 % | 85.2 % | 85.5 % | 86.8 % |
Gearing | 8.1 % | 8.5 % | 7.2 % | 6.9 % | 6.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 5.0 | 9.2 | 9.0 | 5.4 |
Current ratio | 3.9 | 5.0 | 9.2 | 9.0 | 5.4 |
Cash and cash equivalents | 2 183.09 | 1 900.88 | 3 015.58 | 2 197.58 | 4 961.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
Variable visualization
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