LTECH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 65 378.87 | 75 858.08 | 86 261.09 | 125 753.26 | 154 212.30 |
EBIT | 7 641.40 | 14 626.97 | 12 962.37 | 27 751.64 | 23 514.65 |
Net earnings | 21 472.53 | 18 613.80 | |||
Shareholders equity total | 16 725.19 | 21 212.66 | 21 333.98 | 38 027.85 | 36 649.20 |
Balance sheet total (assets) | 52 064.04 | 55 932.50 | 58 363.00 | 95 048.53 | 114 502.26 |
Net debt | -18 087.80 | -9 477.99 | -6 435.62 | -1 486.99 | 8 728.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.0 % | 27.4 % | 23.0 % | 36.8 % | 23.6 % |
ROE | 72.3 % | 49.9 % | |||
ROI | 33.8 % | 53.2 % | 43.7 % | 67.3 % | 44.6 % |
Economic value added (EVA) | 4 897.52 | 10 479.18 | 8 619.22 | 20 859.79 | 16 218.39 |
Solvency | |||||
Equity ratio | 36.3 % | 41.1 % | 39.8 % | 42.8 % | 35.4 % |
Gearing | 2.4 % | 0.5 % | 18.8 % | 26.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.4 | 2.3 | 2.3 | 1.9 |
Current ratio | 1.9 | 2.0 | 2.0 | 2.0 | 1.6 |
Cash and cash equivalents | 18 493.23 | 9 574.54 | 6 435.62 | 8 632.03 | 962.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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