LETH Logistics ApS — Credit Rating and Financial Key Figures

CVR number: 42521051
Kaj Munks Vej 4, 7400 Herning

Credit rating

Company information

Official name
LETH Logistics ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About LETH Logistics ApS

LETH Logistics ApS (CVR number: 42521051) is a company from HERNING. The company recorded a gross profit of -52.9 kDKK in 2024. The operating profit was -52.9 kDKK, while net earnings were -75.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.3 %, 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. LETH Logistics ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit2 822.33133.50-52.93
EBIT2 341.54133.50-52.93
Net earnings1 820.8396.75-75.55
Shareholders equity total1 860.83257.58182.03
Balance sheet total (assets)3 651.931 481.89750.36
Net debt-1 732.29-83.60251.72
Profitability
EBIT-%
ROA64.1 %5.2 %-2.7 %
ROE97.9 %9.1 %-34.4 %
ROI80.9 %6.4 %-3.3 %
Economic value added (EVA)1 823.52149.31-11.63
Solvency
Equity ratio51.0 %17.4 %24.3 %
Gearing55.5 %398.2 %199.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.21.3
Current ratio2.01.21.3
Cash and cash equivalents2 765.561 109.33111.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-2.72%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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