MURER-LETH ApS

Q: What is the CVR number of MURER-LETH ApS?

MURER-LETH ApS is registered with CVR / Virk under CVR 26117410.

Q: What is the gross profit of MURER-LETH ApS?

MURER-LETH ApS reported a gross profit of -DKK 25.7k in 2025.

Q: How many employees does MURER-LETH ApS have?

MURER-LETH ApS employs 3 people as of the latest annual report.

Q: Who is the CEO of MURER-LETH ApS?

Kaj Gustav Møller is the CEO of MURER-LETH ApS, in role since 2015.

Q: Where is MURER-LETH ApS headquartered?

MURER-LETH ApS's registered address is Tvilum Kirkevej 37.

APSActive

CVR 26117410Tvilum Kirkevej 37, 8882 FårvangMasonry and bricklaying activities· NACE 4391Est. 2001 · 25 years old3 employees

Overview

MURER-LETH ApS is a Danish APS based in Fårvang, operating in the Masonry and bricklaying activities sector. Incorporated in 2001, the company has 3 employees and reported a gross profit of -DKK 25.7k in its latest annual filing.

Gross profit 2025

-25.7K DKK

+22% vs 2024

EBITDA margin (of gross profit)

100.0 %

−22% vs 2024

Net profit 2025

-60.5K DKK

-6% vs 2024

Key ratios

See full ratios →

97.4 %

Very strong

Among the 10% highest rated companies in the industry

20212025

9.1×

Very strong

Among the 10% highest rated companies in the industry

20212025

-6.9 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	-25.7K DKK	+22%
EBITDA	-25.7K DKK	-22%
Net profit	-60.5K DKK	-6%
Total assets	881.5K DKK	-7%
Equity	858.9K DKK	-7%
Employees	3	—

Financial development

In its most recent annual report (2025), MURER-LETH ApS reported a gross profit of -DKK 25.7k. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 60.5k.

At the end of 2025, equity financed 97.4% of the balance sheet, and current assets covered short-term debt 9.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	-26	-21	-14	-5	-3
Staff expenses	-0	-0	-0	-26	-28
EBITDA	-26	-21	-14	-31	-31
Depreciation & amort.	-48	-48	-48	-65	-68
EBIT	-73	-69	-62	-96	-99
Net financials	0	0	-1	-1	-2
Profit before tax	-73	-69	-62	-98	-100
Tax	-13	-12	-10	-18	-19
Net profit	-61	-57	-52	-80	-82

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	881	947	1,019	1,054	1,139
Equity	859	919	976	1,028	1,108
Long-term debt	0	0	0	0	0
Short-term debt	23	27	42	26	27
Total debt	23	27	42	26	27

Financial ratios

5-year trend

EBITDA margin (of gross profit)

<−999 %

20212025

Equity ratio

97.4 %

Very strong

Among the 10% highest rated companies in the industry

20212025

Return on equity

-7.0 %

Very weak

Among the 20% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

<−999 %

20212025

Asset turnover (of gross profit)

-0.03×

20212025

Debt / equity

0.03×

Very strong

Among the 10% highest rated companies in the industry

20212025

Sector performance

22 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 20% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery weak

Among the 10% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioVery strong

Among the 10% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery strong

Among the 10% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 10% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery strong

Among the 10% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery weak

Among the 20% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery strong

Among the 10% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery strong

Among the 10% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery strong

Among the 10% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery strong

Among the 10% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 10% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 30% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtStrong

Among the 30% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (3)
KG Kaj Gustav Møller Chief Executive Officer	Chief Executive Officer	2015
EG Emmy Grund Hansen Founder	Founder	2001
HB Hanne Birgit Grund Møller Founder	Founder	2001

Former (1)


EØ Erik Østerdahl Chief Executive Officer	Chief Executive Officer	2011 – 2015

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Esben Gustav Grund Møller	Individual	25–33.32%	25–33.32%	2011
Kristoffer Gustav Grund Møller Vangsø	Individual	25–33.32%	25–33.32%	2011
Laurs Gustav Grund Møller	Individual	25–33.32%	25–33.32%	2011
Elna Grund Balslev	Individual	25–33.32%	25–33.32%	2011

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of MURER-LETH ApS also hold positions in 4 other companies.

Person	Role here	Other companies
Kaj Gustav Møller	Chief Executive Officer	3 companies
Hanne Birgit Grund Møller	Founder	1 company

Frequently asked questions

What is the CVR number of MURER-LETH ApS?

MURER-LETH ApS is registered with CVR / Virk under CVR 26117410.

What is the gross profit of MURER-LETH ApS?

MURER-LETH ApS reported a gross profit of -DKK 25.7k in 2025.

How many employees does MURER-LETH ApS have?

MURER-LETH ApS employs 3 people as of the latest annual report.

Who is the CEO of MURER-LETH ApS?

Kaj Gustav Møller is the CEO of MURER-LETH ApS, in role since 2015.

Where is MURER-LETH ApS headquartered?

MURER-LETH ApS's registered address is Tvilum Kirkevej 37.