LETINVEST ApS — Credit Rating and Financial Key Figures

CVR number: 10110661
Korskildelund 6, 2670 Greve

Credit rating

Company information

Official name
LETINVEST ApS
Established
2002
Company form
Private limited company
Industry

About LETINVEST ApS

LETINVEST ApS (CVR number: 10110661) is a company from GREVE. The company recorded a gross profit of -52.4 kDKK in 2024. The operating profit was -52.4 kDKK, while net earnings were -709.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. LETINVEST ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-34.05-33.76-62.92-54.74-52.43
EBIT-34.05-33.76-62.92-54.74-52.43
Net earnings- 853.10- 918.65998.42- 546.05- 709.29
Shareholders equity total698.485 153.896 152.315 606.274 896.98
Balance sheet total (assets)15 922.2320 957.6422 187.0621 735.7721 789.85
Net debt2 089.41-1 869.80-2 537.64-2 002.32- 685.49
Profitability
EBIT-%
ROA-5.1 %-5.0 %4.7 %-2.5 %-3.3 %
ROE-75.8 %-31.4 %17.7 %-9.3 %-13.5 %
ROI-5.1 %-5.0 %4.7 %-2.5 %-3.3 %
Economic value added (EVA)- 845.16- 832.15-1 110.83-1 167.89-1 141.96
Solvency
Equity ratio4.4 %24.6 %27.7 %25.8 %22.5 %
Gearing2174.7 %304.6 %260.1 %286.8 %343.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.20.3
Current ratio0.20.20.20.20.3
Cash and cash equivalents13 100.5917 569.7918 537.6418 078.3217 505.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-3.26%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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