LETO Leasing Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LETO Leasing Finans ApS
LETO Leasing Finans ApS (CVR number: 32301703) is a company from GREVE. The company recorded a gross profit of -28.5 kDKK in 2023. The operating profit was -28.5 kDKK, while net earnings were 20.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29 %, 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. LETO Leasing Finans ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 522.53 | -16.54 | -6.97 | -28.52 | |
EBIT | 278.47 | -16.54 | -6.97 | -28.52 | |
Net earnings | 258.88 | 102.77 | 84.01 | 130.91 | 20.70 |
Shareholders equity total | 1 449.52 | 1 552.29 | 1 636.29 | 1 767.20 | 1 787.90 |
Balance sheet total (assets) | 5 351.14 | 8 743.03 | 5 711.07 | 6 002.07 | 6 175.51 |
Net debt | 3 775.97 | 7 179.07 | 4 029.93 | 4 153.30 | 4 289.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.8 % | 3.5 % | 3.2 % | 5.0 % | 2.5 % |
ROE | 19.6 % | 6.8 % | 5.3 % | 7.7 % | 1.2 % |
ROI | 11.0 % | 3.5 % | 3.2 % | 5.0 % | 2.6 % |
Economic value added (EVA) | 168.28 | -83.84 | -83.07 | -81.24 | - 110.09 |
Solvency | |||||
Equity ratio | 27.1 % | 17.8 % | 28.7 % | 29.4 % | 29.0 % |
Gearing | 263.1 % | 462.6 % | 247.5 % | 236.1 % | 240.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 1.4 | 1.4 | 1.4 |
Current ratio | 1.4 | 1.2 | 1.4 | 1.4 | 1.4 |
Cash and cash equivalents | 37.75 | 1.68 | 19.50 | 19.29 | 10.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.