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: 17974246) is a company from KØBENHAVN. The company reported a net sales of 13.4 mDKK in 2024, demonstrating a decline of -31.7 % compared to the previous year. The operating profit percentage was poor at -82.8 % (EBIT: -11.1 mDKK), while net earnings were -41.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, 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 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LTP GROUP A/S's liquidity measured by quick ratio was 4.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 572.46 | 18 695.33 | 25 006.45 | 19 625.69 | 13 412.15 |
Gross profit | 11 142.11 | 12 746.70 | 15 788.14 | 11 360.68 | 4 087.21 |
EBIT | - 715.31 | - 193.63 | 471.39 | -6 356.67 | -11 101.53 |
Net earnings | 44 467.15 | 69 659.52 | 117 427.84 | 13 036.39 | -41 136.92 |
Shareholders equity total | 278 281.48 | 300 270.05 | 346 883.10 | 308 539.10 | 271 398.29 |
Balance sheet total (assets) | 282 487.92 | 307 537.91 | 372 512.84 | 320 106.58 | 303 070.14 |
Net debt | -7 766.99 | 1 893.23 | -27 234.78 | -17 941.77 | 9 288.50 |
Profitability | |||||
EBIT-% | -5.3 % | -1.0 % | 1.9 % | -32.4 % | -82.8 % |
ROA | 17.1 % | 23.9 % | 35.8 % | 3.9 % | -13.6 % |
ROE | 16.7 % | 24.1 % | 36.3 % | 4.0 % | -14.2 % |
ROI | 17.4 % | 24.2 % | 36.2 % | 3.9 % | -13.7 % |
Economic value added (EVA) | -13 418.73 | -14 128.45 | -14 563.81 | -23 709.05 | -24 698.07 |
Solvency | |||||
Equity ratio | 98.5 % | 97.6 % | 93.1 % | 96.4 % | 89.5 % |
Gearing | 0.0 % | 0.8 % | 6.5 % | 0.4 % | 3.7 % |
Relative net indebtedness % | -26.9 % | 35.3 % | -96.4 % | -81.0 % | 83.2 % |
Liquidity | |||||
Quick ratio | 8.7 | 5.7 | 3.4 | 10.1 | 4.4 |
Current ratio | 8.7 | 5.7 | 3.4 | 10.1 | 4.4 |
Cash and cash equivalents | 7 855.07 | 610.69 | 49 616.51 | 19 247.66 | 730.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.1 | ||||
Net working capital % | 200.0 % | 180.1 % | 133.7 % | 155.7 % | 305.9 % |
Credit risk | |||||
Credit rating | AAA | AA | AA | AA | A |
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