LTI DANMARK P/S — Credit Rating and Financial Key Figures

CVR number: 34093172
Torvet 6, Askov 6600 Vejen
af@ltidanmark.dk
tel: 75362100

Company information

Official name
LTI DANMARK P/S
Personnel
4 persons
Established
2011
Domicile
Askov
Industry

About LTI DANMARK P/S

LTI DANMARK P/S (CVR number: 34093172) is a company from VEJEN. The company recorded a gross profit of 4896.1 kDKK in 2023. The operating profit was 2741.8 kDKK, while net earnings were 2830.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 28.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. LTI DANMARK P/S's liquidity measured by quick ratio was 2.5 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 profit1 228.043 316.854 520.237 249.884 896.12
EBIT- 635.521 413.482 442.994 976.172 741.76
Net earnings- 766.471 360.312 478.064 989.872 830.65
Shareholders equity total3 807.425 167.736 645.799 635.6610 466.31
Balance sheet total (assets)15 714.5914 623.6126 107.7115 877.2015 266.91
Net debt2 931.18-1 225.95-7 404.26370.341 296.77
Profitability
EBIT-%
ROA-1.2 %12.6 %12.9 %24.9 %18.4 %
ROE-16.6 %30.3 %42.0 %61.3 %28.2 %
ROI-2.6 %27.5 %39.0 %57.0 %23.5 %
Economic value added (EVA)- 898.461 238.942 326.165 014.282 343.87
Solvency
Equity ratio24.2 %35.3 %25.5 %60.7 %68.6 %
Gearing85.8 %31.3 %21.7 %21.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.22.12.5
Current ratio1.31.51.32.53.2
Cash and cash equivalents333.972 842.767 404.261 717.58950.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:18.4%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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