Let's Clay ApS — Credit Rating and Financial Key Figures

Let's Clay ApS (CVR number: 42107042) is a company from KØBENHAVN. The company recorded a gross profit of 806.6 kDKK in 2023. The operating profit was 112.7 kDKK, while net earnings were 82.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.3 %, which can be considered excellent and Return on Equity (ROE) was 108.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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's Clay ApS's liquidity measured by quick ratio was 1.2 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.