LTJ HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LTJ HOLDING ApS
LTJ HOLDING ApS (CVR number: 31183758) is a company from VEJLE. The company recorded a gross profit of -11.4 kDKK in 2024. The operating profit was -11.4 kDKK, while net earnings were -228.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent but Return on Equity (ROE) was -69 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. LTJ HOLDING ApS's liquidity measured by quick ratio was 1.3 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -10.22 | -8.34 | -13.36 | -9.67 | -11.37 |
| EBIT | -10.22 | -8.34 | -13.36 | -9.67 | -11.37 |
| Net earnings | 72.73 | - 180.01 | 152.34 | 229.24 | - 228.75 |
| Shareholders equity total | 324.42 | 94.40 | 246.74 | 475.98 | 187.23 |
| Balance sheet total (assets) | 667.03 | 503.54 | 948.37 | 1 329.13 | 795.07 |
| Net debt | - 333.64 | - 100.58 | - 253.91 | - 530.48 | - 191.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.8 % | 39.4 % | 21.0 % | 25.4 % | 19.5 % |
| ROE | 23.2 % | -86.0 % | 89.3 % | 63.4 % | -69.0 % |
| ROI | 14.0 % | -31.2 % | 21.5 % | 26.4 % | -22.3 % |
| Economic value added (EVA) | -36.50 | -41.12 | -37.80 | -54.52 | -74.78 |
| Solvency | |||||
| Equity ratio | 48.6 % | 18.7 % | 26.0 % | 35.8 % | 23.5 % |
| Gearing | 100.3 % | 415.2 % | 278.0 % | 165.1 % | 321.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.2 | 1.4 | 1.6 | 1.3 |
| Current ratio | 1.9 | 1.2 | 1.4 | 1.6 | 1.3 |
| Cash and cash equivalents | 659.11 | 492.55 | 939.88 | 1 316.45 | 792.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BB |
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