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LETS KICK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LETS KICK A/S
LETS KICK A/S (CVR number: 17830597) is a company from AARHUS. The company recorded a gross profit of -599.8 kDKK in 2024. The operating profit was -599.8 kDKK, while net earnings were -1874.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LETS KICK A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3.45 | - 681.47 | - 472.48 | - 474.53 | - 599.81 |
| EBIT | 3.45 | - 682.73 | - 472.48 | - 474.53 | - 599.81 |
| Net earnings | 13 526.61 | -3 080.24 | 4 074.93 | 11 821.61 | -1 874.48 |
| Shareholders equity total | 105 178.81 | 102 073.16 | 106 134.25 | 122 789.54 | 120 854.06 |
| Balance sheet total (assets) | 114 414.01 | 111 884.38 | 114 823.04 | 130 488.04 | 126 831.11 |
| Net debt | -2 776.03 | -1 885.80 | -8 009.68 | -3 170.80 | -2 252.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.9 % | 4.2 % | 4.5 % | 12.3 % | 7.1 % |
| ROE | 13.7 % | -3.0 % | 3.9 % | 10.3 % | -1.5 % |
| ROI | 14.1 % | 4.0 % | 4.3 % | 10.6 % | -0.7 % |
| Economic value added (EVA) | -4 608.14 | -5 968.47 | -5 602.16 | -5 808.28 | -6 770.52 |
| Solvency | |||||
| Equity ratio | 91.9 % | 91.2 % | 92.4 % | 94.1 % | 95.3 % |
| Gearing | 0.0 % | 0.0 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.0 | 0.8 | 1.2 | 1.0 | 1.4 |
| Current ratio | 1.0 | 0.8 | 1.2 | 1.0 | 1.4 |
| Cash and cash equivalents | 2 776.03 | 1 885.80 | 8 009.68 | 3 171.37 | 2 253.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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