SYSTEM LETTER ApS — Credit Rating and Financial Key Figures

CVR number: 82389318
Søvangsvej 1, 2650 Hvidovre
info@reklamecentret.dk
tel: 36442500
Reklamecentret.dk

Credit rating

Company information

Official name
SYSTEM LETTER ApS
Personnel
6 persons
Established
1932
Company form
Private limited company
Industry
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About SYSTEM LETTER ApS

SYSTEM LETTER ApS (CVR number: 82389318) is a company from HVIDOVRE. The company recorded a gross profit of 2318.3 kDKK in 2023. The operating profit was 241.3 kDKK, while net earnings were 186.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15 %, which can be considered excellent and Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SYSTEM LETTER ApS's liquidity measured by quick ratio was 2.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 177.722 590.222 511.782 216.722 318.28
EBIT- 165.82-63.45575.37224.48241.31
Net earnings- 194.23- 101.631 022.77175.62186.72
Shareholders equity total- 679.0744.301 067.071 092.681 220.51
Balance sheet total (assets)965.991 701.921 627.641 515.531 743.33
Net debt561.47-1 075.67- 861.98- 824.29-1 163.11
Profitability
EBIT-%
ROA-10.4 %-3.4 %43.8 %14.6 %15.0 %
ROE-20.8 %-20.1 %184.1 %16.3 %16.1 %
ROI-18.0 %-8.1 %107.2 %21.2 %21.2 %
Economic value added (EVA)- 129.23-4.28877.94164.43170.28
Solvency
Equity ratio-41.3 %2.6 %65.6 %72.1 %70.0 %
Gearing-152.4 %563.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.92.52.82.8
Current ratio0.50.92.73.03.0
Cash and cash equivalents473.751 325.29861.98824.291 163.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:15.0%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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