LETZ HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27923364
Høsterkøb Byvej 6, 2970 Hørsholm
louise@ertman.dk
tel: 23905516

Company information

Official name
LETZ HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About LETZ HOLDING ApS

LETZ HOLDING ApS (CVR number: 27923364) is a company from RUDERSDAL. The company recorded a gross profit of -11.1 kDKK in 2023. The operating profit was -11.1 kDKK, while net earnings were -285.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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. LETZ HOLDING ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 184.08- 205.87-79.66-25.21-11.09
EBIT- 184.08- 205.87-79.66-25.21-11.09
Net earnings200.90495.10135.36- 461.48- 285.77
Shareholders equity total3 284.633 669.133 690.483 114.402 710.83
Balance sheet total (assets)3 330.393 840.993 893.183 693.523 579.26
Net debt-2 240.26-2 076.25-1 958.21- 279.09317.08
Profitability
EBIT-%
ROA9.5 %14.0 %3.7 %-0.3 %-0.1 %
ROE6.2 %14.2 %3.7 %-13.6 %-9.8 %
ROI9.5 %14.1 %3.8 %-0.3 %-0.1 %
Economic value added (EVA)- 186.21- 207.72- 147.66- 106.11- 126.69
Solvency
Equity ratio98.6 %95.5 %94.8 %84.3 %75.7 %
Gearing0.9 %3.6 %0.8 %17.2 %30.3 %
Relative net indebtedness %
Liquidity
Quick ratio52.412.99.81.40.6
Current ratio52.412.99.81.40.6
Cash and cash equivalents2 271.022 208.251 987.05813.97503.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:-0.08%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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