Letsfaceit Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 463.72 | 4 477.32 | 2 734.09 | 949.79 | 1 415.53 |
| EBIT | 2 728.06 | 1 553.26 | 505.72 | - 910.85 | - 453.36 |
| Net earnings | 2 124.12 | 1 180.98 | 377.91 | - 704.35 | - 348.22 |
| Shareholders equity total | 4 067.17 | 5 248.16 | 5 626.06 | 4 921.71 | 4 573.50 |
| Balance sheet total (assets) | 12 492.44 | 10 395.50 | 6 856.77 | 6 477.94 | 6 510.64 |
| Net debt | 2 223.22 | 316.08 | - 994.67 | 139.89 | 750.41 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 30.2 % | 13.6 % | 5.9 % | -13.5 % | -6.8 % |
| ROE | 70.7 % | 25.4 % | 7.0 % | -13.4 % | -7.3 % |
| ROI | 47.9 % | 19.8 % | 7.6 % | -16.2 % | -8.2 % |
| Economic value added (EVA) | 2 111.63 | 1 074.50 | 220.87 | - 933.76 | - 586.30 |
| Solvency | |||||
| Equity ratio | 32.6 % | 50.5 % | 82.1 % | 76.0 % | 70.2 % |
| Gearing | 89.8 % | 40.9 % | 3.3 % | 8.1 % | 20.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 2.1 | 7.2 | 4.1 | 3.4 |
| Current ratio | 1.5 | 2.1 | 7.2 | 4.1 | 3.4 |
| Cash and cash equivalents | 1 431.04 | 1 832.56 | 1 180.90 | 257.27 | 167.13 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BB | BBB |
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