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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 kDKK in 2025. The operating profit was -8 kDKK, while net earnings were -10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.7 %, which can be considered poor and Return on Equity (ROE) was -81.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LETFORDIG ApS's liquidity measured by quick ratio was 1.6 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -33.60 | -6.85 | -8.20 | -10.62 | -7.95 |
| EBIT | -33.60 | -6.85 | -8.20 | -10.62 | -7.95 |
| Net earnings | -47.03 | -6.09 | -10.19 | -12.97 | -10.55 |
| Shareholders equity total | 47.54 | 41.45 | 31.25 | 18.29 | 7.73 |
| Balance sheet total (assets) | 64.74 | 41.45 | 40.53 | 20.52 | 20.52 |
| Net debt | -15.44 | -0.00 | -0.00 | ||
| Profitability | |||||
| EBIT-% | |||||
| ROA | -34.3 % | -10.7 % | -20.0 % | -34.8 % | -38.7 % |
| ROE | -66.2 % | -13.7 % | -28.0 % | -52.4 % | -81.1 % |
| ROI | -47.3 % | -12.8 % | -22.6 % | -42.9 % | -61.1 % |
| Economic value added (EVA) | -38.35 | -9.24 | -10.28 | -12.19 | -8.87 |
| Solvency | |||||
| Equity ratio | 73.4 % | 100.0 % | 77.1 % | 89.1 % | 37.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.8 | 4.4 | 9.2 | 1.6 | |
| Current ratio | 3.8 | 4.4 | 9.2 | 1.6 | |
| Cash and cash equivalents | 15.44 | 0.00 | 0.00 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB |
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