LETZ HOLD ApS — Credit Rating and Financial Key Figures

CVR number: 28290462
Sankt Jakobs Gade 4, 2100 København Ø

Company information

Official name
LETZ HOLD ApS
Established
2004
Company form
Private limited company
Industry

About LETZ HOLD ApS

LETZ HOLD ApS (CVR number: 28290462) is a company from KØBENHAVN. The company recorded a gross profit of -14.3 kDKK in 2023. The operating profit was -14.3 kDKK, while net earnings were 896.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LETZ HOLD ApS's liquidity measured by quick ratio was 8.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.25-16.06-16.63-13.50-14.29
EBIT-12.25-16.06-16.63-13.50-14.29
Net earnings802.931 541.311 839.79526.91896.93
Shareholders equity total5 870.827 301.537 141.327 553.838 332.96
Balance sheet total (assets)6 183.569 190.257 441.397 603.909 253.00
Net debt- 486.63-1 142.16-1 743.79-1 370.84- 970.91
Profitability
EBIT-%
ROA13.3 %20.2 %22.5 %7.1 %10.6 %
ROE14.5 %23.4 %25.5 %7.2 %11.3 %
ROI13.6 %21.0 %23.2 %7.1 %10.7 %
Economic value added (EVA)4.3925.04- 168.50- 159.89- 278.95
Solvency
Equity ratio94.9 %79.4 %96.0 %99.3 %90.1 %
Gearing2.7 %19.6 %4.1 %0.5 %8.6 %
Relative net indebtedness %
Liquidity
Quick ratio8.93.917.7135.98.2
Current ratio8.93.917.7135.98.2
Cash and cash equivalents645.482 571.672 033.851 410.901 690.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:10.6%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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