LETECH MACHINES A/S

LETECH MACHINES A/S (CVR number: 26637228) is a company from SLAGELSE. The company recorded a gross profit of 8130.2 kDKK in 2022. The operating profit was 2355.3 kDKK, while net earnings were 1788.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LETECH MACHINES A/S's liquidity measured by quick ratio was 3.3 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.