LETS KICK A/S — Credit Rating and Financial Key Figures

CVR number: 17830597
Bævervej 22, 8270 Højbjerg
anders@fauerskov.com
tel: 53374567

Company information

Official name
LETS KICK A/S
Established
1994
Company form
Limited company
Industry

About LETS KICK A/S

LETS KICK A/S (CVR number: 17830597) is a company from AARHUS. The company recorded a gross profit of -474.5 kDKK in 2023. The operating profit was -474.5 kDKK, while net earnings were 11.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.1 %, 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 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 673.653.45- 681.47- 472.48- 474.53
EBIT- 748.803.45- 682.73- 472.48- 474.53
Net earnings- 925.3013 526.61-3 080.244 074.9311 821.61
Shareholders equity total91 762.80105 178.81102 073.16106 134.25122 789.54
Balance sheet total (assets)102 229.98114 414.01111 884.38114 823.04130 488.04
Net debt-1 849.96-2 776.03-1 885.80-8 009.68-3 170.80
Profitability
EBIT-%
ROA0.9 %12.9 %4.2 %4.5 %12.3 %
ROE-1.0 %13.7 %-3.0 %3.9 %10.3 %
ROI1.0 %14.1 %4.0 %4.3 %10.6 %
Economic value added (EVA)-4 433.27-3 524.61-4 311.83-3 660.13-3 415.51
Solvency
Equity ratio89.8 %91.9 %91.2 %92.4 %94.1 %
Gearing0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.00.81.21.0
Current ratio1.21.00.81.21.0
Cash and cash equivalents1 850.022 776.031 885.808 009.683 171.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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