LETHAIAFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About LETHAIAFONDEN
LETHAIAFONDEN (CVR number: 31600936) is a company from KØBENHAVN. The company recorded a gross profit of -23.5 kDKK in 2024. The operating profit was -23.5 kDKK, while net earnings were 251 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LETHAIAFONDEN's liquidity measured by quick ratio was 19.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 297.93 | 279.38 | 23.17 | -39.67 | -23.49 |
EBIT | 297.93 | 279.38 | 23.17 | -39.67 | -23.49 |
Net earnings | 422.28 | 711.94 | - 379.68 | 201.88 | 250.96 |
Shareholders equity total | 1 585.19 | 1 621.49 | 1 241.81 | 1 443.69 | 1 694.65 |
Balance sheet total (assets) | 3 314.75 | 3 865.55 | 3 022.98 | 2 519.18 | 2 268.47 |
Net debt | - 214.12 | - 587.76 | - 401.78 | - 275.66 | -10.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.3 % | 20.1 % | 10.4 % | 7.4 % | 11.4 % |
ROE | 27.1 % | 44.4 % | -26.5 % | 15.0 % | 16.0 % |
ROI | 16.4 % | 22.1 % | 11.9 % | 7.9 % | 11.6 % |
Economic value added (EVA) | 156.00 | 119.37 | - 146.56 | - 174.14 | - 148.23 |
Solvency | |||||
Equity ratio | 47.8 % | 41.9 % | 41.1 % | 57.3 % | 74.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 1.7 | 1.6 | 11.4 | 19.4 |
Current ratio | 3.0 | 1.7 | 1.6 | 11.4 | 19.4 |
Cash and cash equivalents | 214.12 | 587.76 | 401.78 | 275.66 | 10.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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