LT IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LT IT ApS
LT IT ApS (CVR number: 30730240) is a company from KØGE. The company recorded a gross profit of -294 kDKK in 2023. The operating profit was -294 kDKK, while net earnings were -311.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -31.9 %, which can be considered poor and Return on Equity (ROE) was -77.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.9 %, 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 IT ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.44 | -44.55 | - 206.18 | 545.65 | - 294.00 |
EBIT | -0.44 | -44.55 | - 206.18 | 545.65 | - 294.00 |
Net earnings | -0.44 | -44.55 | - 206.18 | 543.29 | - 311.14 |
Shareholders equity total | 264.53 | 219.98 | 13.80 | 557.09 | 245.95 |
Balance sheet total (assets) | 511.77 | 485.81 | 470.02 | 1 100.62 | 724.56 |
Net debt | -88.21 | -19.31 | 26.90 | - 671.67 | - 256.97 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -8.9 % | -43.1 % | 69.5 % | -31.9 % |
ROE | -0.2 % | -18.4 % | -176.4 % | 190.3 % | -77.5 % |
ROI | -0.1 % | -9.4 % | -59.1 % | 105.4 % | -45.9 % |
Economic value added (EVA) | 2.37 | -41.74 | - 204.60 | 555.27 | - 276.57 |
Solvency | |||||
Equity ratio | 51.7 % | 45.3 % | 2.9 % | 50.6 % | 33.9 % |
Gearing | 87.8 % | 105.6 % | 1683.0 % | 41.7 % | 94.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.6 | 0.9 | 1.9 | 1.4 |
Current ratio | 1.8 | 1.6 | 0.9 | 1.9 | 1.4 |
Cash and cash equivalents | 320.45 | 251.55 | 205.34 | 903.91 | 489.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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