LETBEK A/S — Credit Rating and Financial Key Figures

LETBEK A/S (CVR number: 24257134) is a company from VARDE. The company recorded a gross profit of 38.5 mDKK in 2023. The operating profit was 3949 kDKK, while net earnings were 1905.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. LETBEK A/S's liquidity measured by quick ratio was 3.5 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.