Letsfaceit Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 36685158
Arnold Nielsens Boulevard 72-74, 2650 Hvidovre
info@letsfaceit.se

Credit rating

Company information

Official name
Letsfaceit Nordic ApS
Personnel
4 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Letsfaceit Nordic ApS

Letsfaceit Nordic ApS (CVR number: 36685158) is a company from HVIDOVRE. The company recorded a gross profit of 1415.5 kDKK in 2024. The operating profit was -453.4 kDKK, while net earnings were -348.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Letsfaceit Nordic ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit5 463.724 477.322 734.09949.791 415.53
EBIT2 728.061 553.26505.72- 910.85- 453.36
Net earnings2 124.121 180.98377.91- 704.35- 348.22
Shareholders equity total4 067.175 248.165 626.064 921.714 573.50
Balance sheet total (assets)12 492.4410 395.506 856.776 477.946 510.64
Net debt2 223.22316.08- 994.67139.89750.41
Profitability
EBIT-%
ROA30.2 %13.6 %5.9 %-13.5 %-6.8 %
ROE70.7 %25.4 %7.0 %-13.4 %-7.3 %
ROI47.9 %19.8 %7.6 %-16.2 %-8.2 %
Economic value added (EVA)2 111.631 074.50220.87- 933.76- 586.30
Solvency
Equity ratio32.6 %50.5 %82.1 %76.0 %70.2 %
Gearing89.8 %40.9 %3.3 %8.1 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.17.24.13.4
Current ratio1.52.17.24.13.4
Cash and cash equivalents1 431.041 832.561 180.90257.27167.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:-6.83%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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