LETH ECONOMETRICS ADVISORS ApS

CVR number: 33757689
Skæring Strandvej 12, 8250 Egå

Credit rating

Company information

Official name
LETH ECONOMETRICS ADVISORS ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit41.9427.702.6131.37-14.78
EBIT41.8027.702.6131.37-14.78
Net earnings77.90131.3419.86-16.14254.14
Shareholders equity total229.14320.47300.33284.19538.33
Balance sheet total (assets)239.29349.31328.33328.631 604.55
Net debt- 239.29- 348.47- 328.19- 323.08- 586.17
Profitability
EBIT-%
ROA45.1 %52.3 %7.8 %14.9 %38.7 %
ROE41.0 %47.8 %6.4 %-5.5 %61.8 %
ROI46.8 %56.0 %8.5 %16.7 %40.9 %
Economic value added (EVA)41.8524.253.4425.87-9.93
Solvency
Equity ratio95.8 %91.7 %91.5 %86.5 %33.5 %
Gearing187.4 %
Relative net indebtedness %
Liquidity
Quick ratio23.612.111.77.41.5
Current ratio23.612.111.77.41.5
Cash and cash equivalents239.29348.47328.19323.081 595.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:38.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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