LETH ECONOMETRICS ADVISORS ApS — Credit Rating and Financial Key Figures

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

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
2019
2020
2021
2022
2023
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 ratingBBBBBBBBBBBBBB

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

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