LETO LEASING P/S

CVR number: 36427035
Korskildeeng 6, 2670 Greve

Credit rating

Company information

Official name
LETO LEASING P/S
Personnel
8 persons
Established
2014
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About LETO LEASING P/S

LETO LEASING P/S (CVR number: 36427035) is a company from GREVE. The company reported a net sales of 208.8 mDKK in 2023, demonstrating a growth of 21.5 % compared to the previous year. The operating profit percentage was at 4.6 % (EBIT: 9.7 mDKK), while net earnings were 9120.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 51.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LETO LEASING P/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales86.7791.89103.31171.85208.79
Gross profit8.479.4110.7116.3317.28
EBIT5.555.716.3010.479.68
Net earnings10.349.12
Shareholders equity total3.486.0010.2014.5420.66
Balance sheet total (assets)12.6714.2818.1535.9546.71
Net debt7.9116.44
Profitability
EBIT-%6.4 %6.2 %6.1 %6.1 %4.6 %
ROA52.2 %42.3 %38.8 %39.7 %23.8 %
ROE83.6 %51.8 %
ROI67.3 %42.3 %38.8 %52.6 %32.9 %
Economic value added (EVA)5.445.536.009.968.81
Solvency
Equity ratio100.0 %100.0 %100.0 %40.6 %44.9 %
Gearing56.1 %80.1 %
Relative net indebtedness %12.3 %12.4 %
Liquidity
Quick ratio0.40.4
Current ratio1.61.7
Cash and cash equivalents0.240.11
Capital use efficiency
Trade debtors turnover (days)8.09.7
Net working capital %7.9 %9.2 %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.413Z

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