EJENDOMSSELSKABET LETO ApS — Credit Rating and Financial Key Figures

CVR number: 32942229
Rosenørnsgade 6, 8900 Randers C

Company information

Official name
EJENDOMSSELSKABET LETO ApS
Established
2010
Company form
Private limited company
Industry

About EJENDOMSSELSKABET LETO ApS

EJENDOMSSELSKABET LETO ApS (CVR number: 32942229) is a company from RANDERS. The company recorded a gross profit of 1318.4 kDKK in 2023. The operating profit was -98.8 kDKK, while net earnings were -450.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. EJENDOMSSELSKABET LETO ApS's liquidity measured by quick ratio was 2.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 546.941 376.061 521.811 485.951 318.42
EBIT1 546.941 376.0614 371.813 346.13-98.77
Net earnings820.89711.6310 876.512 291.28- 450.53
Shareholders equity total12 191.5712 903.1923 779.7126 070.9925 620.45
Balance sheet total (assets)44 236.9044 672.5861 269.1163 672.5962 792.88
Net debt28 295.4328 112.6730 589.9230 587.3330 242.63
Profitability
EBIT-%
ROA3.6 %3.2 %27.2 %5.6 %0.0 %
ROE7.0 %5.7 %59.3 %9.2 %-1.7 %
ROI3.6 %3.2 %27.8 %5.7 %0.0 %
Economic value added (EVA)- 802.38- 940.469 169.94- 100.60-2 904.25
Solvency
Equity ratio27.6 %28.9 %38.8 %40.9 %40.8 %
Gearing235.2 %219.1 %130.4 %117.4 %118.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.03.33.22.5
Current ratio2.31.03.33.22.5
Cash and cash equivalents379.66160.29426.0922.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:0.03%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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