LTE 2024 ApS — Credit Rating and Financial Key Figures

LTE 2024 ApS (CVR number: 38973649) is a company from RINGSTED. The company recorded a gross profit of 1801.4 kDKK in 2023. The operating profit was -252.5 kDKK, while net earnings were -215.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32 %, which can be considered poor and Return on Equity (ROE) was -61.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LTE 2024 ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.