LETH Logistics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 2 822.33 | 133.50 | -52.93 |
EBIT | 2 341.54 | 133.50 | -52.93 |
Net earnings | 1 820.83 | 96.75 | -75.55 |
Shareholders equity total | 1 860.83 | 257.58 | 182.03 |
Balance sheet total (assets) | 3 651.93 | 1 481.89 | 750.36 |
Net debt | -1 732.29 | -83.60 | 251.72 |
Profitability | |||
EBIT-% | |||
ROA | 64.1 % | 5.2 % | -2.7 % |
ROE | 97.9 % | 9.1 % | -34.4 % |
ROI | 80.9 % | 6.4 % | -3.3 % |
Economic value added (EVA) | 1 823.52 | 149.31 | -11.63 |
Solvency | |||
Equity ratio | 51.0 % | 17.4 % | 24.3 % |
Gearing | 55.5 % | 398.2 % | 199.5 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.0 | 1.2 | 1.3 |
Current ratio | 2.0 | 1.2 | 1.3 |
Cash and cash equivalents | 2 765.56 | 1 109.33 | 111.50 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BB | BB |
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