LETH-FRANK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LETH-FRANK ApS
LETH-FRANK ApS (CVR number: 32885195) is a company from VIBORG. The company recorded a gross profit of -26.4 kDKK in 2024. The operating profit was -171.6 kDKK, while net earnings were -259.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LETH-FRANK ApS's liquidity measured by quick ratio was 114.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -41.48 | -33.67 | -34.90 | -27.41 | -26.37 |
EBIT | - 144.83 | - 187.03 | - 188.25 | - 180.77 | - 171.55 |
Net earnings | 82.65 | 281.24 | - 408.59 | 33.47 | - 259.74 |
Shareholders equity total | 3 842.22 | 3 760.46 | 2 876.86 | 2 792.54 | 2 410.80 |
Balance sheet total (assets) | 3 895.07 | 3 853.02 | 2 884.97 | 2 958.25 | 2 432.13 |
Net debt | -3 870.62 | -3 832.17 | -2 750.15 | -2 822.87 | -2 237.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.8 % | 9.4 % | -2.9 % | 7.3 % | 6.3 % |
ROE | 2.1 % | 7.4 % | -12.3 % | 1.2 % | -10.0 % |
ROI | 2.8 % | 9.5 % | -3.0 % | 7.6 % | 6.5 % |
Economic value added (EVA) | - 307.78 | - 338.63 | - 335.87 | - 287.05 | - 274.42 |
Solvency | |||||
Equity ratio | 98.6 % | 97.6 % | 99.7 % | 94.4 % | 99.1 % |
Gearing | 0.0 % | 0.1 % | 0.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 73.7 | 41.6 | 355.8 | 17.9 | 114.1 |
Current ratio | 73.7 | 41.6 | 355.8 | 17.9 | 114.1 |
Cash and cash equivalents | 3 870.62 | 3 832.17 | 2 750.71 | 2 826.43 | 2 240.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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