LetsSayIt ApS — Credit Rating and Financial Key Figures

CVR number: 35839194
Smedeland 7, Smedeland 2600 Glostrup
info@letssayit.dk
www.letssayit.dk

Company information

Official name
LetsSayIt ApS
Established
2014
Domicile
Smedeland
Company form
Private limited company
Industry

About LetsSayIt ApS

LetsSayIt ApS (CVR number: 35839194) is a company from ALBERTSLUND. The company recorded a gross profit of 0 kDKK in 2018, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LetsSayIt ApS's liquidity measured by quick ratio was 0 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
2016
2017
2018
Volume
Net sales2 061.49496.93
Gross profit32.48127.71
EBIT-98.81- 100.53
Net earnings- 103.35- 106.03
Shareholders equity total1 460.691 354.66
Balance sheet total (assets)1 460.691 354.66
Net debt- 449.24-12.55
Profitability
EBIT-%-4.8 %-20.2 %
ROA-6.8 %-7.1 %
ROE-7.1 %-7.5 %
ROI-6.8 %-7.1 %
Economic value added (EVA)-98.81- 151.35-67.44
Solvency
Equity ratio100.0 %100.0 %
Gearing
Relative net indebtedness %-21.8 %-2.5 %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents449.2412.55
Capital use efficiency
Trade debtors turnover (days)5.137.5
Net working capital %54.1 %155.5 %
Credit risk
Credit ratingBBBBBB

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