Let´s Change Sales ApS — Credit Rating and Financial Key Figures

CVR number: 27526101
Hyldegårds Tværvej 24, 2920 Charlottenlund
mj@inclusive.dk
tel: 28957570
www.inclusive.dk

Company information

Official name
Let´s Change Sales ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About Let´s Change Sales ApS

Let´s Change Sales ApS (CVR number: 27526101) is a company from GENTOFTE. The company recorded a gross profit of 901.4 kDKK in 2023. The operating profit was 26.7 kDKK, while net earnings were 28.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Let´s Change Sales ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit350.83400.091 012.17943.78901.36
EBIT223.75- 226.08313.89155.6726.67
Net earnings182.02- 165.06251.05133.4428.82
Shareholders equity total525.23110.18361.23494.67523.49
Balance sheet total (assets)639.42432.02841.50966.17988.48
Net debt-19.56-97.29- 104.10157.57-8.60
Profitability
EBIT-%
ROA35.1 %-37.8 %52.3 %20.3 %5.8 %
ROE31.2 %-52.0 %106.5 %31.2 %5.7 %
ROI38.7 %-54.7 %119.0 %31.7 %7.5 %
Economic value added (EVA)144.84- 200.06245.63109.410.79
Solvency
Equity ratio82.1 %25.5 %42.9 %51.2 %53.0 %
Gearing10.1 %47.0 %9.9 %53.4 %42.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.61.31.82.02.1
Current ratio5.61.31.82.02.1
Cash and cash equivalents72.59149.12139.89106.57230.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.77%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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