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LETH UDLEJNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LETH UDLEJNING ApS
LETH UDLEJNING ApS (CVR number: 34459177) is a company from VIBORG. The company reported a net sales of 1.1 mDKK in 2024, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 104.3 % (EBIT: 1.1 mDKK), while net earnings were 687.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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 UDLEJNING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 175.95 | 460.25 | 1 093.75 | 1 174.28 | 1 094.17 |
| Gross profit | 15.28 | 450.50 | 885.10 | 993.93 | 1 017.64 |
| EBIT | 5.98 | 415.10 | 2 679.81 | 1 821.38 | 1 141.30 |
| Net earnings | -33.21 | 232.26 | 1 970.86 | 1 279.49 | 687.65 |
| Shareholders equity total | 1 190.76 | 1 466.05 | 3 436.91 | 4 716.40 | 5 404.05 |
| Balance sheet total (assets) | 2 570.74 | 9 778.81 | 12 006.90 | 13 161.81 | 16 558.05 |
| Net debt | 1 109.51 | 7 545.09 | 7 224.12 | 6 915.49 | 9 601.05 |
| Profitability | |||||
| EBIT-% | 3.4 % | 90.2 % | 245.0 % | 155.1 % | 104.3 % |
| ROA | 0.2 % | 6.8 % | 24.7 % | 14.6 % | 7.9 % |
| ROE | -4.4 % | 17.5 % | 80.4 % | 31.4 % | 13.6 % |
| ROI | 0.2 % | 7.0 % | 25.5 % | 15.2 % | 8.2 % |
| Economic value added (EVA) | - 116.88 | 210.20 | 1 620.10 | 846.31 | 260.37 |
| Solvency | |||||
| Equity ratio | 46.3 % | 15.0 % | 28.6 % | 35.8 % | 32.6 % |
| Gearing | 96.2 % | 526.0 % | 215.6 % | 146.6 % | 177.7 % |
| Relative net indebtedness % | 683.8 % | 1731.8 % | 708.8 % | 644.1 % | 929.0 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 0.6 | 0.4 | 0.5 | 0.5 |
| Current ratio | 0.9 | 0.6 | 0.4 | 0.5 | 0.5 |
| Cash and cash equivalents | 35.84 | 166.34 | 185.65 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -13.1 % | -60.7 % | -64.0 % | -42.3 % | -54.5 % |
| Credit risk | |||||
| Credit rating | BBB | A | AA | AA | AA |
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