L.E.T.T. Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 42379131
Falkoner Alle 38, 2000 Frederiksberg
anders@lettoslo.no
https://lett.family/no

Company information

Official name
L.E.T.T. Danmark ApS
Personnel
11 persons
Established
2021
Company form
Private limited company
Industry

About L.E.T.T. Danmark ApS

L.E.T.T. Danmark ApS (CVR number: 42379131) is a company from FREDERIKSBERG. The company reported a net sales of 5.7 mDKK in 2022. The operating profit percentage was poor at -87.1 % (EBIT: -5 mDKK), while net earnings were -5047 kDKK. The profitability of the company measured by Return on Assets (ROA) was -80.6 %, which can be considered poor and Return on Equity (ROE) was -140.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -50.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. L.E.T.T. Danmark ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
Volume
Net sales5 720.16
Gross profit-87.31-1 491.12
EBIT-89.36-4 981.06
Net earnings-89.21-5 047.01
Shareholders equity total-49.21-5 096.22
Balance sheet total (assets)2 122.925 060.86
Net debt1 876.619 802.26
Profitability
EBIT-%-87.1 %
ROA-4.1 %-80.6 %
ROE-4.2 %-140.5 %
ROI-4.1 %-82.6 %
Economic value added (EVA)-89.36-4 963.76
Solvency
Equity ratio-2.3 %-50.2 %
Gearing-4413.0 %-193.6 %
Relative net indebtedness %176.5 %
Liquidity
Quick ratio0.90.1
Current ratio0.90.1
Cash and cash equivalents295.1562.96
Capital use efficiency
Trade debtors turnover (days)3.7
Net working capital %-158.5 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-80.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-50.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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