LETSMOVE ApS — Credit Rating and Financial Key Figures

CVR number: 32773540
Nederste Torpenvej 27, 3050 Humlebæk
kontakt@letsmove.dk
tel: 49200330
www.letsmove.dk
Free credit report Annual report

Credit rating

Company information

Official name
LETSMOVE ApS
Personnel
17 persons
Established
2010
Company form
Private limited company
Industry

About LETSMOVE ApS

LETSMOVE ApS (CVR number: 32773540) is a company from FREDENSBORG. The company recorded a gross profit of 3105 kDKK in 2024. The operating profit was 880.5 kDKK, while net earnings were 659.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 35.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. LETSMOVE 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 579.931 615.631 812.422 629.473 104.96
EBIT690.93255.93366.05405.43880.49
Net earnings525.81210.63289.58272.95659.40
Shareholders equity total2 362.902 573.531 279.111 552.062 190.39
Balance sheet total (assets)2 780.723 020.512 742.304 088.343 224.28
Net debt- 408.67- 410.74227.271 064.38-0.16
Profitability
EBIT-%
ROA27.3 %9.5 %12.7 %11.9 %24.1 %
ROE25.0 %8.5 %15.0 %19.3 %35.2 %
ROI30.4 %10.5 %14.2 %15.2 %33.1 %
Economic value added (EVA)423.0971.67162.05190.22540.44
Solvency
Equity ratio85.0 %85.2 %46.6 %38.0 %67.9 %
Gearing78.7 %72.9 %
Relative net indebtedness %
Liquidity
Quick ratio15.98.04.10.30.0
Current ratio16.08.14.20.30.1
Cash and cash equivalents408.67410.74778.9266.390.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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