LT22 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LT22 ApS
LT22 ApS (CVR number: 42841234) is a company from THISTED. The company recorded a gross profit of -36.1 kDKK in 2023. The operating profit was -847 kDKK, while net earnings were 705.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.1 %, which can be considered excellent and Return on Equity (ROE) was 119.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.3 %, 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. LT22 ApS's liquidity measured by quick ratio was 4.6 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 financials| 2022 | 2023 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | -74.47 | -36.09 | 
| EBIT | - 885.42 | - 847.03 | 
| Net earnings | 196.19 | 705.76 | 
| Shareholders equity total | 236.19 | 941.95 | 
| Balance sheet total (assets) | 4 496.62 | 1 203.64 | 
| Net debt | 3 060.29 | |
| Profitability | ||
| EBIT-% | ||
| ROA | 9.1 % | 40.1 % | 
| ROE | 83.1 % | 119.8 % | 
| ROI | 12.1 % | 52.7 % | 
| Economic value added (EVA) | - 937.54 | - 937.66 | 
| Solvency | ||
| Equity ratio | 5.3 % | 78.3 % | 
| Gearing | 1337.9 % | |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 0.1 | 4.6 | 
| Current ratio | 0.1 | 4.6 | 
| Cash and cash equivalents | 99.71 | |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | BBB | B | 
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