Lets Padel A/S — Credit Rating and Financial Key Figures

CVR number: 42069779
Bomosevej 41, 2970 Hørsholm

Company information

Official name
Lets Padel A/S
Established
2021
Company form
Limited company
Industry

About Lets Padel A/S

Lets Padel A/S (CVR number: 42069779) is a company from RUDERSDAL. The company recorded a gross profit of 1445.4 kDKK in 2024. The operating profit was 1251.1 kDKK, while net earnings were 966.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Lets Padel A/S's liquidity measured by quick ratio was 4.4 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
2021
2022
2023
2024
Volume
Net sales
Gross profit-81.11- 152.701 491.101 445.43
EBIT-81.11- 345.511 298.951 251.11
Net earnings- 139.09- 274.33987.49966.09
Shareholders equity total4 360.914 086.585 074.076 040.16
Balance sheet total (assets)6 016.165 252.395 551.446 538.06
Net debt-2 632.47904.48- 557.88-1 743.84
Profitability
EBIT-%
ROA-1.3 %-6.1 %24.0 %20.7 %
ROE-3.2 %-6.5 %21.6 %17.4 %
ROI-1.9 %-7.4 %25.6 %22.2 %
Economic value added (EVA)-81.11- 125.791 011.39741.83
Solvency
Equity ratio72.5 %77.8 %91.4 %92.4 %
Gearing22.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.11.54.4
Current ratio1.80.11.54.5
Cash and cash equivalents2 632.470.75557.881 743.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.4%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

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