Credit rating
Company information
About LTI SYSTEMS ApS
LTI SYSTEMS ApS (CVR number: 15554371) is a company from GLADSAXE. The company recorded a gross profit of -13.1 kDKK in 2023. The operating profit was -13.1 kDKK, while net earnings were -13.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LTI SYSTEMS ApS's liquidity measured by quick ratio was 8 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 | 459.15 | ||||
Gross profit | 142.16 | 43.34 | 141.53 | 152.98 | -13.06 |
EBIT | 12.16 | 43.34 | 141.53 | 52.98 | -13.06 |
Net earnings | 18.50 | 32.90 | 126.17 | 19.64 | -13.29 |
Shareholders equity total | 865.66 | 898.56 | 1 024.72 | 1 044.37 | 1 031.08 |
Balance sheet total (assets) | 1 022.77 | 1 134.46 | 1 218.59 | 1 213.76 | 1 177.56 |
Net debt | - 359.26 | - 984.26 | -1 022.40 | - 989.40 | - 935.20 |
Profitability | |||||
EBIT-% | 2.6 % | ||||
ROA | 2.6 % | 5.1 % | 13.8 % | 4.4 % | -1.1 % |
ROE | 2.2 % | 3.7 % | 13.1 % | 1.9 % | -1.3 % |
ROI | 3.1 % | 6.3 % | 16.7 % | 5.1 % | -1.3 % |
Economic value added (EVA) | -20.93 | 7.94 | 114.93 | 41.61 | -17.92 |
Solvency | |||||
Equity ratio | 84.6 % | 79.2 % | 84.1 % | 86.0 % | 87.6 % |
Gearing | 0.5 % | 0.8 % | |||
Relative net indebtedness % | -44.0 % | ||||
Liquidity | |||||
Quick ratio | 3.0 | 4.7 | 6.3 | 7.2 | 8.0 |
Current ratio | 3.1 | 4.8 | 6.4 | 7.3 | 8.1 |
Cash and cash equivalents | 359.26 | 988.96 | 1 030.44 | 989.40 | 935.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.8 | ||||
Net working capital % | 72.6 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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