LTP GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LTP GROUP A/S
LTP GROUP A/S (CVR number: 17974246K) is a company from KØBENHAVN. The company reported a net sales of 600.9 mDKK in 2024, demonstrating a decline of -29.4 % compared to the previous year. The operating profit percentage was poor at -6.2 % (EBIT: -37.3 mDKK), while net earnings were -41.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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. LTP GROUP A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 600.23 | 831.07 | 1 097.72 | 851.66 | 600.92 |
Gross profit | 192.53 | 252.17 | 328.65 | 270.76 | 182.59 |
EBIT | 47.95 | 70.36 | 74.87 | 19.52 | -37.33 |
Net earnings | 44.47 | 69.66 | 117.43 | 13.04 | -41.14 |
Shareholders equity total | 278.28 | 300.27 | 346.88 | 308.54 | 271.40 |
Balance sheet total (assets) | 385.60 | 469.64 | 545.79 | 423.58 | 375.38 |
Net debt | -38.32 | -1.03 | -21.53 | -32.12 | -5.40 |
Profitability | |||||
EBIT-% | 8.0 % | 8.5 % | 6.8 % | 2.3 % | -6.2 % |
ROA | 16.5 % | 20.1 % | 29.1 % | 6.0 % | -9.0 % |
ROE | 16.7 % | 24.1 % | 36.3 % | 4.0 % | -14.2 % |
ROI | 21.2 % | 27.7 % | 41.6 % | 8.2 % | -11.7 % |
Economic value added (EVA) | 26.51 | 45.59 | 43.21 | -6.97 | -49.74 |
Solvency | |||||
Equity ratio | 76.8 % | 71.7 % | 69.3 % | 75.7 % | 75.4 % |
Gearing | 7.1 % | 7.3 % | 11.8 % | 3.9 % | 7.8 % |
Relative net indebtedness % | 8.1 % | 17.6 % | 12.4 % | 8.3 % | 12.9 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.1 | 1.6 | 1.7 | 1.6 |
Current ratio | 2.8 | 2.1 | 2.3 | 2.9 | 2.7 |
Cash and cash equivalents | 58.17 | 22.88 | 62.50 | 44.01 | 26.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.6 | 36.0 | 46.3 | 39.6 | 41.4 |
Net working capital % | 27.3 % | 21.4 % | 19.7 % | 24.3 % | 27.7 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | A |
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