L & T ApS — Credit Rating and Financial Key Figures

CVR number: 20177675
Frederiksgade 2 F, 7800 Skive
hanne-thomassen@hotmail.com
tel: 23831262

Credit rating

Company information

Official name
L & T ApS
Personnel
1 person
Established
1997
Company form
Private limited company
Industry

About L & T ApS

L & T ApS (CVR number: 20177675) is a company from SKIVE. The company recorded a gross profit of 384.8 kDKK in 2024. The operating profit was 365.7 kDKK, while net earnings were 262 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. L & T ApS's liquidity measured by quick ratio was 3.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit171.11219.46317.86- 179.90384.77
EBIT64.46193.94307.13- 198.34365.70
Net earnings-7.21107.51199.40- 181.64261.96
Shareholders equity total2 094.872 202.382 401.782 220.142 482.10
Balance sheet total (assets)2 773.722 876.743 118.442 942.333 198.44
Net debt-1 499.53-1 602.32-1 854.27-1 378.90-1 693.00
Profitability
EBIT-%
ROA2.3 %6.9 %10.2 %-6.5 %12.1 %
ROE-0.3 %5.0 %8.7 %-7.9 %11.1 %
ROI2.3 %6.9 %10.4 %-6.6 %12.2 %
Economic value added (EVA)43.78149.18242.41- 150.34275.36
Solvency
Equity ratio75.5 %76.6 %77.0 %75.5 %77.6 %
Gearing31.4 %30.0 %27.7 %30.3 %27.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.23.43.52.93.3
Current ratio3.23.43.52.93.3
Cash and cash equivalents2 156.532 262.132 518.442 051.512 373.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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