LetsBuild Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LetsBuild Denmark ApS
LetsBuild Denmark ApS (CVR number: 35231129) is a company from KØBENHAVN. The company recorded a gross profit of 4519.3 kDKK in 2023. The operating profit was -8481.3 kDKK, while net earnings were -10.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -219.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -95.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LetsBuild Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 548.00 | -1 816.00 | 16 529.00 | -2 236.00 | 4 519.34 |
EBIT | -26 067.00 | -29 833.00 | -3 795.00 | -18 479.00 | -8 481.27 |
Net earnings | -24 230.00 | -28 872.00 | -5 337.00 | -18 584.00 | -10 553.97 |
Shareholders equity total | -15 421.00 | -44 295.00 | -49 633.00 | -68 217.00 | -78 770.80 |
Balance sheet total (assets) | 5 972.00 | 5 639.00 | 3 490.00 | 5 526.00 | 4 091.77 |
Net debt | 8 398.00 | 30 905.00 | 43 972.00 | 65 989.00 | 75 244.14 |
Profitability | |||||
EBIT-% | |||||
ROA | -179.6 % | -83.6 % | -7.4 % | -29.1 % | -10.8 % |
ROE | -371.6 % | -497.3 % | -116.9 % | -412.2 % | -219.5 % |
ROI | -244.1 % | -107.3 % | -8.9 % | -32.6 % | -11.8 % |
Economic value added (EVA) | -23 314.18 | -27 550.46 | -3 172.40 | -16 335.10 | -8 391.93 |
Solvency | |||||
Equity ratio | -72.1 % | -88.7 % | -93.4 % | -92.5 % | -95.1 % |
Gearing | -61.6 % | -72.0 % | -90.5 % | -97.4 % | -97.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.3 | 0.5 | 0.6 |
Current ratio | 0.4 | 0.4 | 0.3 | 0.5 | 0.6 |
Cash and cash equivalents | 1 102.00 | 1 000.00 | 954.00 | 450.00 | 1 835.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | C | C |
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