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Leth Rent Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40116273
Thorsgade 35, 8900 Randers C
lr@lethrent.dk
tel: 30546443
Free credit report Annual report

Credit rating

Company information

Official name
Leth Rent Holding ApS
Established
2018
Company form
Private limited company
Industry

About Leth Rent Holding ApS

Leth Rent Holding ApS (CVR number: 40116273) is a company from RANDERS. The company recorded a gross profit of 501.5 kDKK in 2025. The operating profit was 386.1 kDKK, while net earnings were 178.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9.2 %, 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 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit293.30349.36325.50420.55501.48
EBIT232.39251.79227.75318.41386.11
Net earnings56.8741.88378.63274.88178.26
Shareholders equity total141.91166.32544.95819.82998.09
Balance sheet total (assets)9 708.019 692.559 523.2511 263.0911 198.01
Net debt6 893.076 739.593 908.203 545.833 426.80
Profitability
EBIT-%
ROA3.0 %4.6 %7.2 %5.9 %3.5 %
ROE50.1 %27.2 %106.5 %40.3 %19.6 %
ROI3.6 %6.3 %11.8 %13.4 %8.5 %
Economic value added (EVA)- 116.14- 180.86- 188.35-1.9734.81
Solvency
Equity ratio1.5 %1.8 %5.9 %7.5 %9.2 %
Gearing4943.5 %4165.0 %740.3 %455.4 %366.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.40.71.2
Current ratio0.10.10.20.40.5
Cash and cash equivalents122.02187.73126.05187.84233.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.47%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.16%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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