LT Asfalt A/S — Credit Rating and Financial Key Figures

CVR number: 38369326
Knudslund Alle 6, Kværkeby 4100 Ringsted
Bogholderi@ltgruppen.dk
tel: 46400730

Credit rating

Company information

Official name
LT Asfalt A/S
Personnel
48 persons
Established
2017
Domicile
Kværkeby
Company form
Limited company
Industry
  • Expand more icon42Civil engineering

About LT Asfalt A/S

LT Asfalt A/S (CVR number: 38369326) is a company from RINGSTED. The company recorded a gross profit of 59.7 mDKK in 2024. The operating profit was 16.6 mDKK, while net earnings were 12.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 41.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.9 %, 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. LT Asfalt A/S's liquidity measured by quick ratio was 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit29 479.0029 540.0039 833.0048 769.2559 727.73
EBIT7 333.003 138.008 612.0014 000.0216 557.80
Net earnings5 001.002 351.005 600.009 395.1312 084.95
Shareholders equity total9 836.005 187.0012 612.0022 769.7234 854.67
Balance sheet total (assets)26 562.0038 089.0050 061.0092 773.5894 466.69
Net debt11 693.403 835.32
Profitability
EBIT-%
ROA34.2 %9.7 %19.5 %19.9 %18.9 %
ROE60.0 %31.3 %62.9 %53.1 %41.9 %
ROI43.2 %9.7 %19.5 %27.1 %32.4 %
Economic value added (EVA)7 013.612 643.748 351.3510 188.0812 089.45
Solvency
Equity ratio100.0 %100.0 %100.0 %24.5 %36.9 %
Gearing53.5 %12.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.5
Current ratio1.21.5
Cash and cash equivalents496.35500.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.9%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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