LT Storvorde ApS — Credit Rating and Financial Key Figures

CVR number: 30532678
Vingårdsgade 22, 9000 Aalborg

Company information

Official name
LT Storvorde ApS
Established
2008
Company form
Private limited company
Industry

About LT Storvorde ApS

LT Storvorde ApS (CVR number: 30532678) is a company from AALBORG. The company recorded a gross profit of 41.8 kDKK in 2022. The operating profit was 22.5 kDKK, while net earnings were 14.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LT Storvorde ApS's liquidity measured by quick ratio was 10.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-2.00-2.80-13.5832.3841.82
EBIT-2.00-2.80-30.71-16.4622.54
Net earnings-2.00318.98191.291 313.9114.90
Shareholders equity total1 314.221 525.201 605.892 806.802 707.50
Balance sheet total (assets)1 316.221 527.201 607.893 333.802 994.50
Net debt-1 154.92-1 365.90-1 142.37-3 073.19-2 994.50
Profitability
EBIT-%
ROA-0.1 %22.7 %12.4 %53.2 %0.7 %
ROE-0.1 %22.5 %12.2 %59.6 %0.5 %
ROI-0.1 %22.7 %12.4 %59.6 %0.8 %
Economic value added (EVA)-26.34-10.80-38.72-39.7635.92
Solvency
Equity ratio99.8 %99.9 %99.9 %84.2 %90.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio577.5682.9571.25.810.4
Current ratio577.5682.9571.25.810.4
Cash and cash equivalents1 154.921 365.901 142.373 073.192 994.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBB

Variable visualization

ROA:0.71%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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