LYNG IT ApS

CVR number: 26674409
Stenager 8, 3250 Gilleleje
it@lyng.dk
tel: 31495357

Credit rating

Company information

Official name
LYNG IT ApS
Established
2002
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About LYNG IT ApS

LYNG IT ApS (CVR number: 26674409) is a company from GRIBSKOV. The company reported a net sales of 0 mDKK in 2023, demonstrating a growth of 306.2 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 0 mDKK), while net earnings were 12 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LYNG IT ApS's liquidity measured by quick ratio was 13.6 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales6.002.555.851.204.88
Gross profit1.010.902.89-2.430.66
EBIT1.010.902.89-2.430.66
Net earnings0.400.07-20.59-8.4311.97
Shareholders equity total257.75252.82227.22203.79200.76
Balance sheet total (assets)263.41258.31232.52218.79216.66
Net debt- 192.41- 204.37- 191.52- 186.79- 216.66
Profitability
EBIT-%16.8 %35.4 %49.4 %-202.7 %13.6 %
ROA0.2 %0.0 %11.6 %3.7 %-2.8 %
ROE0.2 %0.0 %-8.6 %-3.9 %5.9 %
ROI0.2 %0.0 %-8.6 %-3.9 %5.9 %
Economic value added (EVA)4.814.527.132.204.95
Solvency
Equity ratio97.9 %97.9 %97.7 %93.1 %92.7 %
Gearing
Relative net indebtedness %-3112.4 %-7799.3 %-3183.3 %-14315.9 %-4118.1 %
Liquidity
Quick ratio46.547.143.914.613.6
Current ratio46.547.143.914.613.6
Cash and cash equivalents192.41204.37191.52186.79216.66
Capital use efficiency
Trade debtors turnover (days)365.0134.1
Net working capital %2621.9 %7197.7 %892.6 %4047.2 %984.2 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-2.76%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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