LT-Technic & Music ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LT-Technic & Music ApS
LT-Technic & Music ApS (CVR number: 43768271) is a company from SKIVE. The company recorded a gross profit of 430.3 kDKK in 2024. The operating profit was -86.4 kDKK, while net earnings were -100.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.4 %, which can be considered poor and Return on Equity (ROE) was -29.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. LT-Technic & Music ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2023 | 2024 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 157.44 | 430.32 |
EBIT | -81.93 | -86.37 |
Net earnings | -83.64 | - 100.83 |
Shareholders equity total | -43.64 | 312.80 |
Balance sheet total (assets) | 381.00 | 408.44 |
Net debt | 252.75 | -59.94 |
Profitability | ||
EBIT-% | ||
ROA | -19.2 % | -20.4 % |
ROE | -22.0 % | -29.1 % |
ROI | -28.6 % | -28.4 % |
Economic value added (EVA) | -81.93 | -98.48 |
Solvency | ||
Equity ratio | -10.3 % | 76.6 % |
Gearing | -652.3 % | 0.2 % |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 0.3 | 1.2 |
Current ratio | 0.5 | 3.8 |
Cash and cash equivalents | 31.93 | 60.54 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | BB | BB |
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