LTECH A/S — Credit Rating and Financial Key Figures

CVR number: 26398576
Tempovej 48, 2750 Ballerup
tel: 44831600

Company information

Official name
LTECH A/S
Personnel
228 persons
Established
2002
Company form
Limited company
Industry

About LTECH A/S

LTECH A/S (CVR number: 26398576) is a company from BALLERUP. The company recorded a gross profit of 154.2 mDKK in 2023. The operating profit was 23.5 mDKK, while net earnings were 18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.4 %, 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. LTECH A/S's liquidity measured by quick ratio was 1.9 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 profit65 378.8775 858.0886 261.09125 753.26154 212.30
EBIT7 641.4014 626.9712 962.3727 751.6423 514.65
Net earnings21 472.5318 613.80
Shareholders equity total16 725.1921 212.6621 333.9838 027.8536 649.20
Balance sheet total (assets)52 064.0455 932.5058 363.0095 048.53114 502.26
Net debt-18 087.80-9 477.99-6 435.62-1 486.998 728.99
Profitability
EBIT-%
ROA17.0 %27.4 %23.0 %36.8 %23.6 %
ROE72.3 %49.9 %
ROI33.8 %53.2 %43.7 %67.3 %44.6 %
Economic value added (EVA)4 897.5210 479.188 619.2220 859.7916 218.39
Solvency
Equity ratio36.3 %41.1 %39.8 %42.8 %35.4 %
Gearing2.4 %0.5 %18.8 %26.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.42.32.31.9
Current ratio1.92.02.02.01.6
Cash and cash equivalents18 493.239 574.546 435.628 632.03962.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.4%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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