Leth Rent Holding ApS — Credit Rating and Financial Key Figures

Leth Rent Holding ApS (CVR number: 40116273) is a company from RANDERS. The company recorded a gross profit of 420.5 kDKK in 2024. The operating profit was 318.4 kDKK, while net earnings were 274.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 40.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Leth Rent Holding ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.