RASMUS LETH ApS — Credit Rating and Financial Key Figures

CVR number: 42217611
Veng Skovvej 3, Veng 8660 Skanderborg
tel: 86947911

Company information

Official name
RASMUS LETH ApS
Personnel
1 person
Established
1975
Domicile
Veng
Company form
Private limited company
Industry

About RASMUS LETH ApS

RASMUS LETH ApS (CVR number: 42217611) is a company from SKANDERBORG. The company recorded a gross profit of 364.4 kDKK in 2024. The operating profit was -48 kDKK, while net earnings were 190 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASMUS LETH ApS's liquidity measured by quick ratio was 11.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit314.00516.97230.67359.47364.44
EBIT- 245.0012.28- 241.045.04-48.00
Net earnings- 100.00452.44- 404.42282.52189.96
Shareholders equity total8 395.008 791.398 329.778 612.298 758.85
Balance sheet total (assets)9 416.009 717.229 109.789 385.529 556.16
Net debt-2 361.00-2 666.64-2 164.86-2 643.59-3 006.10
Profitability
EBIT-%
ROA0.6 %6.1 %-1.1 %4.0 %2.6 %
ROE-1.2 %5.3 %-4.7 %3.3 %2.2 %
ROI0.6 %6.3 %-1.1 %4.1 %2.7 %
Economic value added (EVA)- 496.17- 281.57- 494.36- 301.17- 336.93
Solvency
Equity ratio89.2 %90.5 %91.4 %91.8 %91.7 %
Gearing2.9 %0.4 %1.1 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.58.78.113.211.9
Current ratio5.58.78.113.211.9
Cash and cash equivalents2 601.002 703.772 258.392 649.133 011.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.60%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.7%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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