LETH DANISH STRAITS ApS — Credit Rating and Financial Key Figures

CVR number: 34706808
Amaliegade 33 B, 1256 København K
staufeldt@lethagencies.com
tel: 33322363

Credit rating

Company information

Official name
LETH DANISH STRAITS ApS
Personnel
10 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon522600

About LETH DANISH STRAITS ApS

LETH DANISH STRAITS ApS (CVR number: 34706808) is a company from KØBENHAVN. The company recorded a gross profit of 8485.9 kDKK in 2024. The operating profit was 3530.1 kDKK, while net earnings were 2739.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.6 %, which can be considered excellent and Return on Equity (ROE) was 50.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LETH DANISH STRAITS ApS's liquidity measured by quick ratio was 2.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 193.244 586.886 699.009 221.008 485.91
EBIT1 257.841 992.583 640.005 162.003 530.07
Net earnings956.431 568.382 811.004 046.002 739.16
Shareholders equity total1 536.232 304.623 861.005 662.005 201.38
Balance sheet total (assets)3 175.304 060.336 823.0011 538.008 005.08
Net debt- 901.45- 841.66-2 443.00-2 348.00-4 062.72
Profitability
EBIT-%
ROA53.6 %56.8 %68.0 %57.0 %36.6 %
ROE83.0 %81.7 %91.2 %85.0 %50.4 %
ROI107.2 %106.6 %119.7 %108.4 %64.6 %
Economic value added (EVA)950.761 523.392 749.823 951.312 599.70
Solvency
Equity ratio48.4 %56.8 %56.6 %49.1 %65.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.92.32.31.92.9
Current ratio1.92.32.31.92.8
Cash and cash equivalents901.45841.662 443.002 348.004 062.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:36.6%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.6%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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