LetsBuild Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 35231129
Bryghuspladsen 8, 1473 København K
finance@letsbuild.com
tel: 31324222
www.letsbuild.com

Company information

Official name
LetsBuild Denmark ApS
Personnel
12 persons
Established
2013
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit548.00-1 816.0016 529.00-2 236.004 519.34
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)5 972.005 639.003 490.005 526.004 091.77
Net debt8 398.0030 905.0043 972.0065 989.0075 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 ratio0.40.40.30.50.6
Current ratio0.40.40.30.50.6
Cash and cash equivalents1 102.001 000.00954.00450.001 835.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBCC

Variable visualization

ROA:-10.8%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-95.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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