let-marketing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About let-marketing ApS
let-marketing ApS (CVR number: 38901362) is a company from FREDERIKSSUND. The company reported a net sales of 0.5 mDKK in 2023. The operating profit percentage was at 56.1 % (EBIT: 0.3 mDKK), while net earnings were 208.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.6 %, which can be considered excellent and Return on Equity (ROE) was 144.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. let-marketing ApS's liquidity measured by quick ratio was 2.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 483.38 | ||||
Gross profit | 52.51 | 340.79 | 388.59 | 214.84 | 342.66 |
EBIT | -23.80 | -8.61 | 35.69 | 3.58 | 271.08 |
Net earnings | -21.22 | -8.68 | 23.96 | -11.06 | 208.38 |
Shareholders equity total | 35.74 | 27.06 | 51.03 | 39.97 | 248.34 |
Balance sheet total (assets) | 102.17 | 204.21 | 292.38 | 214.31 | 466.78 |
Net debt | -3.29 | -2.44 | -45.41 | -62.73 | -34.04 |
Profitability | |||||
EBIT-% | 56.1 % | ||||
ROA | -26.9 % | -5.6 % | 14.4 % | 1.5 % | 79.6 % |
ROE | -45.8 % | -27.6 % | 61.4 % | -24.3 % | 144.5 % |
ROI | -51.4 % | -27.4 % | 91.4 % | 8.1 % | 188.0 % |
Economic value added (EVA) | -19.96 | -7.17 | 25.96 | 3.26 | 212.59 |
Solvency | |||||
Equity ratio | 35.0 % | 13.3 % | 17.5 % | 18.7 % | 53.2 % |
Gearing | |||||
Relative net indebtedness % | 38.1 % | ||||
Liquidity | |||||
Quick ratio | 1.5 | 1.2 | 1.2 | 1.2 | 2.1 |
Current ratio | 1.5 | 1.2 | 1.2 | 1.2 | 2.1 |
Cash and cash equivalents | 3.29 | 2.44 | 45.41 | 62.73 | 34.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.5 | ||||
Net working capital % | 51.4 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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