Lets Go Digital ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Lets Go Digital ApS
Lets Go Digital ApS (CVR number: 38918958) is a company from FREDERIKSBERG. The company recorded a gross profit of 1656.1 kDKK in 2023. The operating profit was -37.4 kDKK, while net earnings were -377 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent but Return on Equity (ROE) was -38 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.3 %, 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. Lets Go Digital ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 170.11 | 2 145.52 | 2 078.27 | 2 035.19 | 1 656.14 |
EBIT | 478.94 | 867.39 | - 304.72 | 151.25 | -37.38 |
Net earnings | 400.14 | 1 035.84 | 124.35 | 21.38 | - 377.04 |
Shareholders equity total | 755.70 | 1 736.24 | 1 710.59 | 1 381.97 | 604.92 |
Balance sheet total (assets) | 1 188.90 | 2 737.72 | 2 932.29 | 1 985.52 | 1 019.78 |
Net debt | - 674.61 | -2 050.67 | -2 215.44 | - 957.76 | - 486.67 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.8 % | 71.4 % | 6.2 % | 3.7 % | 22.7 % |
ROE | 68.7 % | 83.1 % | 7.2 % | 1.4 % | -38.0 % |
ROI | 91.8 % | 111.4 % | 10.2 % | 13.9 % | -24.7 % |
Economic value added (EVA) | 347.80 | 669.29 | - 204.31 | 211.71 | -56.28 |
Solvency | |||||
Equity ratio | 63.6 % | 63.4 % | 58.3 % | 69.6 % | 59.3 % |
Gearing | 1.5 % | 0.4 % | 1.0 % | 1.3 % | 3.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 2.7 | 2.4 | 3.2 | 2.4 |
Current ratio | 2.7 | 2.7 | 2.4 | 3.2 | 2.4 |
Cash and cash equivalents | 685.71 | 2 058.39 | 2 232.72 | 975.73 | 504.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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