LETFORDIG ApS — Credit Rating and Financial Key Figures

CVR number: 40559663
Dråbystræde 4, Sønder Dråby 7900 Nykøbing M

Credit rating

Company information

Official name
LETFORDIG ApS
Established
2019
Domicile
Sønder Dråby
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About LETFORDIG ApS

LETFORDIG ApS (CVR number: 40559663) is a company from MORSØ. The company recorded a gross profit of -8.2 kDKK in 2023. The operating profit was -8.2 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20 %, which can be considered poor and Return on Equity (ROE) was -28 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.1 %, 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. LETFORDIG ApS's liquidity measured by quick ratio was 4.4 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
Volume
Net sales
Gross profit70.64-33.60-6.85-8.20
EBIT70.64-33.60-6.85-8.20
Net earnings54.57-47.03-6.09-10.19
Shareholders equity total94.5747.5441.4531.25
Balance sheet total (assets)131.2164.7441.4540.53
Net debt-44.56-15.44-0.00-0.00
Profitability
EBIT-%
ROA53.8 %-34.3 %-10.7 %-20.0 %
ROE57.7 %-66.2 %-13.7 %-28.0 %
ROI74.7 %-47.3 %-12.8 %-22.6 %
Economic value added (EVA)55.11-36.11-8.46-10.28
Solvency
Equity ratio72.1 %73.4 %100.0 %77.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.63.84.4
Current ratio3.63.84.4
Cash and cash equivalents44.5615.440.000.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-20.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.1%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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