LetRent Invest ApS — Credit Rating and Financial Key Figures

CVR number: 42238171
Fiskerihavnsgade 4, 6700 Esbjerg
jh@oilfield.dk
tel: 20455626

Credit rating

Company information

Official name
LetRent Invest ApS
Established
2021
Company form
Private limited company
Industry

About LetRent Invest ApS

LetRent Invest ApS (CVR number: 42238171) is a company from ESBJERG. The company recorded a gross profit of -36.4 kDKK in 2024. The operating profit was -36.4 kDKK, while net earnings were -145.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -27.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LetRent Invest 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 profit-17.86-48.97-89.91-36.37
EBIT-17.86-48.97-89.91-36.37
Net earnings-10.25- 116.11-1 870.53- 145.15
Shareholders equity total40.0029.75-86.36-1 956.89-2 102.05
Balance sheet total (assets)40.005 553.758 507.786 844.125 583.12
Net debt-40.005 298.268 450.398 729.437 636.38
Profitability
EBIT-%
ROA-0.3 %-0.4 %-1.0 %0.6 %
ROE-29.4 %-2.7 %-24.4 %-2.3 %
ROI-0.3 %-0.4 %-1.0 %0.6 %
Economic value added (EVA)-19.87- 327.55- 516.93- 370.63
Solvency
Equity ratio100.0 %0.5 %-1.0 %-22.2 %-27.4 %
Gearing18536.3 %-9939.8 %-448.9 %-365.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.0
Current ratio0.00.00.00.0
Cash and cash equivalents40.00215.74133.7554.7138.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.60%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-27.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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