LETH ECONOMETRICS ADVISORS ApS — Credit Rating and Financial Key Figures
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 -15.2 kDKK in 2024. The operating profit was -15.2 kDKK, while net earnings were 200.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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 1.6 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 | 27.70 | 2.61 | 31.37 | -14.37 | -15.19 |
| EBIT | 27.70 | 2.61 | 31.37 | -14.37 | -15.19 |
| Net earnings | 131.34 | 19.86 | -16.14 | 254.14 | 200.39 |
| Shareholders equity total | 320.47 | 300.33 | 284.19 | 538.33 | 738.71 |
| Balance sheet total (assets) | 349.31 | 328.33 | 328.63 | 1 692.56 | 2 048.87 |
| Net debt | - 348.47 | - 328.19 | - 323.08 | - 586.17 | - 788.14 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 52.3 % | 7.8 % | 14.9 % | 37.0 % | 17.0 % |
| ROE | 47.8 % | 6.4 % | -5.5 % | 61.8 % | 31.4 % |
| ROI | 56.0 % | 8.5 % | 16.7 % | 39.0 % | 17.5 % |
| Economic value added (EVA) | 12.23 | -14.07 | 9.38 | -25.83 | -93.81 |
| Solvency | |||||
| Equity ratio | 91.7 % | 91.5 % | 86.5 % | 31.8 % | 36.1 % |
| Gearing | 203.8 % | 170.0 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 12.1 | 11.7 | 7.4 | 1.5 | 1.6 |
| Current ratio | 12.1 | 11.7 | 7.4 | 1.5 | 1.6 |
| Cash and cash equivalents | 348.47 | 328.19 | 323.08 | 1 683.24 | 2 043.59 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | BBB |
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