LT Farming Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41940603
Skindbjergvej 11, Skindbjerg 9520 Skørping

Company information

Official name
LT Farming Holding ApS
Established
2020
Domicile
Skindbjerg
Company form
Private limited company
Industry

About LT Farming Holding ApS

LT Farming Holding ApS (CVR number: 41940603) is a company from REBILD. The company recorded a gross profit of 408 kDKK in 2023. The operating profit was 323.1 kDKK, while net earnings were 3898.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LT Farming Holding ApS's liquidity measured by quick ratio was 0.5 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 profit508.62499.63407.97
EBIT471.80462.81323.07
Net earnings-1 667.15434.792 571.553 898.44
Shareholders equity total22 611.9523 066.1426 047.6929 958.33
Balance sheet total (assets)29 944.6030 720.1232 151.3637 223.33
Net debt7 332.656 785.015 028.736 953.58
Profitability
EBIT-%
ROA-5.6 %2.1 %8.9 %12.2 %
ROE-7.4 %1.9 %10.5 %13.9 %
ROI-5.6 %2.1 %9.2 %12.4 %
Economic value added (EVA)89.3163.45-74.73
Solvency
Equity ratio75.5 %75.1 %81.0 %80.5 %
Gearing32.4 %29.6 %19.4 %24.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.5
Current ratio0.00.00.5
Cash and cash equivalents51.7032.11273.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:12.2%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.5%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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