LETECH MACHINES A/S — Credit Rating and Financial Key Figures

CVR number: 26637228
Valbyvej 64, 4200 Slagelse
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Credit rating

Company information

Official name
LETECH MACHINES A/S
Personnel
9 persons
Established
2002
Company form
Limited company
Industry

About LETECH MACHINES A/S

LETECH MACHINES A/S (CVR number: 26637228) is a company from SLAGELSE. The company recorded a gross profit of 9121.5 kDKK in 2024. The operating profit was 2734.9 kDKK, while net earnings were 2138 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.8 %, which can be considered excellent and Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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 4.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 792.206 641.418 130.248 254.359 121.52
EBIT620.931 974.222 355.301 663.252 734.86
Net earnings467.061 524.371 788.461 298.822 138.02
Shareholders equity total2 449.623 473.984 262.444 561.265 699.29
Balance sheet total (assets)4 954.065 956.6211 563.167 587.5910 879.61
Net debt-1 190.57- 924.64-2 580.81-1 860.47-2 122.96
Profitability
EBIT-%
ROA11.7 %36.2 %26.9 %17.5 %29.8 %
ROE18.9 %51.5 %46.2 %29.4 %41.7 %
ROI20.8 %54.3 %45.6 %28.7 %47.6 %
Economic value added (EVA)488.141 476.551 709.041 267.571 991.79
Solvency
Equity ratio56.0 %61.9 %49.0 %66.9 %59.1 %
Gearing25.6 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio3.34.63.35.94.4
Current ratio2.43.71.83.73.0
Cash and cash equivalents1 190.57924.643 671.361 930.802 122.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:29.8%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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