LET-FLYT ApS — Credit Rating and Financial Key Figures

CVR number: 38284711
Ålekistevej 26, 2720 Vanløse
admin@let-flyt.dk
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Company information

Official name
LET-FLYT ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About LET-FLYT ApS

LET-FLYT ApS (CVR number: 38284711) is a company from KØBENHAVN. The company recorded a gross profit of 277.4 kDKK in 2024. The operating profit was -125 kDKK, while net earnings were -105 kDKK. The profitability of the company measured by Return on Assets (ROA) was -57.2 %, which can be considered poor and Return on Equity (ROE) was -112.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28 %, 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-FLYT ApS's liquidity measured by quick ratio was 1.4 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.

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 profit357.50689.25376.27550.31277.40
EBIT30.9350.90- 166.3272.55- 125.02
Net earnings27.5534.81- 138.1855.86- 105.05
Shareholders equity total193.73228.5490.36146.2241.18
Balance sheet total (assets)381.83420.12271.20289.49146.84
Net debt-26.65- 136.59-51.91- 192.43-28.73
Profitability
EBIT-%
ROA9.8 %12.7 %-48.1 %25.9 %-57.2 %
ROE15.3 %16.5 %-86.7 %47.2 %-112.1 %
ROI15.8 %21.4 %-84.8 %49.5 %-125.1 %
Economic value added (EVA)21.9128.60- 137.8456.38-96.76
Solvency
Equity ratio50.7 %54.4 %33.3 %50.5 %28.0 %
Gearing15.8 %9.7 %56.6 %3.9 %15.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.20.91.61.4
Current ratio0.81.20.91.61.4
Cash and cash equivalents57.31158.83103.06198.1935.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-57.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.0%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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