LEATHER MASTER A/S — Credit Rating and Financial Key Figures

CVR number: 30507363
Marielundvej 43 A, 2730 Herlev

Credit rating

Company information

Official name
LEATHER MASTER A/S
Personnel
1 person
Established
2008
Company form
Limited company
Industry

About LEATHER MASTER A/S

LEATHER MASTER A/S (CVR number: 30507363) is a company from HERLEV. The company recorded a gross profit of 823.8 kDKK in 2024. The operating profit was 265.7 kDKK, while net earnings were 209.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LEATHER MASTER A/S's liquidity measured by quick ratio was 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 068.071 148.241 089.59962.03823.81
EBIT552.90606.30525.85403.41265.66
Net earnings435.93469.78408.17322.79209.19
Shareholders equity total1 363.891 633.671 841.841 864.631 873.82
Balance sheet total (assets)1 887.392 353.072 372.492 248.142 317.31
Net debt- 753.60- 741.98-1 132.05- 970.89-1 032.23
Profitability
EBIT-%
ROA31.9 %29.2 %22.8 %18.2 %12.4 %
ROE35.7 %31.3 %23.5 %17.4 %11.2 %
ROI46.5 %41.4 %31.1 %22.7 %15.1 %
Economic value added (EVA)394.56441.47363.51278.80162.39
Solvency
Equity ratio72.3 %69.4 %77.6 %82.9 %80.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.43.14.35.65.0
Current ratio3.63.34.55.95.2
Cash and cash equivalents753.60741.981 132.05970.891 032.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.9%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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