Lets Lead A/S — Credit Rating and Financial Key Figures

CVR number: 38468308
Østre Havnegade 40, 9000 Aalborg
rt@letslead.dk
tel: 22246657

Credit rating

Company information

Official name
Lets Lead A/S
Personnel
2 persons
Established
2017
Company form
Limited company
Industry

About Lets Lead A/S

Lets Lead A/S (CVR number: 38468308) is a company from AALBORG. The company recorded a gross profit of -91.9 kDKK in 2024. The operating profit was -387.3 kDKK, while net earnings were -305.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lets Lead A/S's liquidity measured by quick ratio was 8.7 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 profit510.21450.20412.70398.93-91.87
EBIT245.5697.6724.42-47.72- 387.29
Net earnings- 570.59110.765 301.24-42.82- 305.61
Shareholders equity total5 237.866 705.3510 611.1512 301.1311 995.52
Balance sheet total (assets)5 603.377 249.3310 728.4612 402.6912 081.06
Net debt- 247.67222.83-1 422.71-1 136.47-45.71
Profitability
EBIT-%
ROA-10.7 %2.4 %59.1 %-0.4 %-2.9 %
ROE-12.6 %1.9 %61.2 %-0.4 %-2.5 %
ROI-11.3 %2.5 %60.6 %-0.4 %-2.9 %
Economic value added (EVA)81.38- 191.72- 321.95- 576.87- 945.56
Solvency
Equity ratio93.5 %92.5 %98.9 %99.2 %99.3 %
Gearing0.6 %3.3 %0.1 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.113.814.48.7
Current ratio0.90.113.814.48.7
Cash and cash equivalents278.811 422.711 143.33104.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.92%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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