LET Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LET Service ApS
LET Service ApS (CVR number: 36408278) is a company from LOLLAND. The company reported a net sales of 2.3 mDKK in 2017. The operating profit percentage was at 19 % (EBIT: 0.4 mDKK), while net earnings were 146.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 94.5 %, which can be considered excellent and Return on Equity (ROE) was 113 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LET Service ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 2 321.32 | |
Gross profit | 434.94 | 574.99 |
EBIT | 313.07 | 442.00 |
Net earnings | -0.46 | 146.36 |
Shareholders equity total | 56.36 | 202.72 |
Balance sheet total (assets) | 165.75 | 770.00 |
Net debt | -86.57 | - 235.42 |
Profitability | ||
EBIT-% | 19.0 % | |
ROA | 188.9 % | 94.5 % |
ROE | -0.8 % | 113.0 % |
ROI | 555.5 % | 341.2 % |
Economic value added (EVA) | 313.07 | 346.28 |
Solvency | ||
Equity ratio | 34.0 % | 26.3 % |
Gearing | ||
Relative net indebtedness % | 14.3 % | |
Liquidity | ||
Quick ratio | 1.5 | 1.4 |
Current ratio | 1.5 | 1.4 |
Cash and cash equivalents | 86.57 | 235.42 |
Capital use efficiency | ||
Trade debtors turnover (days) | 84.1 | |
Net working capital % | 8.7 % | |
Credit risk | ||
Credit rating | B | BB |
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