LT Ejendomme DK ApS — Credit Rating and Financial Key Figures

CVR number: 40824901
Gran Alle 15 F, 7442 Engesvang
lt@ltejendomme.dk
tel: 20996780

Credit rating

Company information

Official name
LT Ejendomme DK ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About LT Ejendomme DK ApS

LT Ejendomme DK ApS (CVR number: 40824901) is a company from IKAST-BRANDE. The company recorded a gross profit of 215.7 kDKK in 2023. The operating profit was 205.4 kDKK, while net earnings were 41.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. LT Ejendomme DK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit295.07338.77349.97215.69
EBIT295.071 487.96444.97205.41
Net earnings147.011 091.74283.2041.19
Shareholders equity total187.011 278.761 561.961 603.14
Balance sheet total (assets)3 134.814 380.004 480.644 988.69
Net debt2 799.972 650.532 349.282 893.25
Profitability
EBIT-%
ROA9.4 %39.6 %10.0 %4.3 %
ROE78.6 %149.0 %19.9 %2.6 %
ROI9.9 %41.5 %10.6 %4.5 %
Economic value added (EVA)226.301 029.32180.24-7.87
Solvency
Equity ratio6.0 %29.2 %34.9 %32.1 %
Gearing1497.2 %207.3 %150.4 %188.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.2
Current ratio0.00.00.2
Cash and cash equivalents123.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:4.34%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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