Letbek Holding ApS — Credit Rating and Financial Key Figures

Letbek Holding ApS (CVR number: 39087405) is a company from VARDE. The company recorded a gross profit of -96.6 kDKK in 2023. The operating profit was -1246.6 kDKK, while net earnings were -3778.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -16.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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 Holding ApS's liquidity measured by quick ratio was 2 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.