LETFORDIG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 70.64 | -33.60 | -6.85 | -8.20 |
EBIT | 70.64 | -33.60 | -6.85 | -8.20 |
Net earnings | 54.57 | -47.03 | -6.09 | -10.19 |
Shareholders equity total | 94.57 | 47.54 | 41.45 | 31.25 |
Balance sheet total (assets) | 131.21 | 64.74 | 41.45 | 40.53 |
Net debt | -44.56 | -15.44 | -0.00 | -0.00 |
Profitability | ||||
EBIT-% | ||||
ROA | 53.8 % | -34.3 % | -10.7 % | -20.0 % |
ROE | 57.7 % | -66.2 % | -13.7 % | -28.0 % |
ROI | 74.7 % | -47.3 % | -12.8 % | -22.6 % |
Economic value added (EVA) | 55.11 | -36.11 | -8.46 | -10.28 |
Solvency | ||||
Equity ratio | 72.1 % | 73.4 % | 100.0 % | 77.1 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.6 | 3.8 | 4.4 | |
Current ratio | 3.6 | 3.8 | 4.4 | |
Cash and cash equivalents | 44.56 | 15.44 | 0.00 | 0.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | B | BB | B |
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