Credit rating
Company information
About LETH ECONOMETRICS ADVISORS ApS
LETH ECONOMETRICS ADVISORS ApS (CVR number: 33757689) is a company from AARHUS. The company recorded a gross profit of -14.8 kDKK in 2023. The operating profit was -14.8 kDKK, while net earnings were 254.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LETH ECONOMETRICS ADVISORS ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 41.94 | 27.70 | 2.61 | 31.37 | -14.78 |
EBIT | 41.80 | 27.70 | 2.61 | 31.37 | -14.78 |
Net earnings | 77.90 | 131.34 | 19.86 | -16.14 | 254.14 |
Shareholders equity total | 229.14 | 320.47 | 300.33 | 284.19 | 538.33 |
Balance sheet total (assets) | 239.29 | 349.31 | 328.33 | 328.63 | 1 604.55 |
Net debt | - 239.29 | - 348.47 | - 328.19 | - 323.08 | - 586.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.1 % | 52.3 % | 7.8 % | 14.9 % | 38.7 % |
ROE | 41.0 % | 47.8 % | 6.4 % | -5.5 % | 61.8 % |
ROI | 46.8 % | 56.0 % | 8.5 % | 16.7 % | 40.9 % |
Economic value added (EVA) | 41.85 | 24.25 | 3.44 | 25.87 | -9.93 |
Solvency | |||||
Equity ratio | 95.8 % | 91.7 % | 91.5 % | 86.5 % | 33.5 % |
Gearing | 187.4 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 23.6 | 12.1 | 11.7 | 7.4 | 1.5 |
Current ratio | 23.6 | 12.1 | 11.7 | 7.4 | 1.5 |
Cash and cash equivalents | 239.29 | 348.47 | 328.19 | 323.08 | 1 595.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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