LT HORSENS ApS — Credit Rating and Financial Key Figures

CVR number: 34891133
Hovmarksvej 90, 8700 Horsens

Company information

Official name
LT HORSENS ApS
Established
2012
Company form
Private limited company
Industry

About LT HORSENS ApS

LT HORSENS ApS (CVR number: 34891133) is a company from HORSENS. The company recorded a gross profit of 7.2 kDKK in 2023. The operating profit was 7.2 kDKK, while net earnings were 17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. LT HORSENS ApS's liquidity measured by quick ratio was 2.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit178.83102.1963.82131.297.24
EBIT177.76102.1963.82131.297.24
Net earnings94.2791.41102.641.9217.88
Shareholders equity total958.73939.54929.19816.51775.49
Balance sheet total (assets)1 198.991 347.771 216.701 232.701 207.55
Net debt- 928.36- 962.25- 936.86- 866.28- 754.48
Profitability
EBIT-%
ROA15.3 %10.2 %11.4 %10.8 %1.9 %
ROE9.8 %9.6 %11.0 %0.2 %2.2 %
ROI16.1 %10.9 %12.2 %11.4 %1.9 %
Economic value added (EVA)150.1786.2267.10142.5225.49
Solvency
Equity ratio80.0 %69.7 %76.4 %66.2 %64.2 %
Gearing17.7 %34.6 %23.2 %42.3 %55.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.03.34.23.02.8
Current ratio5.03.34.23.02.8
Cash and cash equivalents1 097.631 287.571 152.631 211.281 181.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:1.88%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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