Martin Leth ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Martin Leth ApS
Martin Leth ApS (CVR number: 43955462) is a company from ASSENS. The company recorded a gross profit of -13.5 kDKK in 2024. The operating profit was -92.4 kDKK, while net earnings were -81.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.4 %, which can be considered poor and Return on Equity (ROE) was -22.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. Martin Leth ApS's liquidity measured by quick ratio was 3.7 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 financials2023 | 2024 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | -82.00 | -13.54 |
| EBIT | - 113.00 | -92.41 |
| Net earnings | - 124.00 | -81.44 |
| Shareholders equity total | -4.00 | 114.48 |
| Balance sheet total (assets) | 611.00 | 515.19 |
| Net debt | 600.00 | 319.02 |
| Profitability | ||
| EBIT-% | ||
| ROA | -18.4 % | -16.4 % |
| ROE | -20.3 % | -22.5 % |
| ROI | -18.8 % | -17.2 % |
| Economic value added (EVA) | - 106.96 | -87.63 |
| Solvency | ||
| Equity ratio | -0.7 % | 22.2 % |
| Gearing | -15000.0 % | 313.6 % |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 0.8 | 3.7 |
| Current ratio | 0.8 | 3.7 |
| Cash and cash equivalents | 40.05 | |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | BB | BB |
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