Lets Go Digital ApS — Credit Rating and Financial Key Figures

CVR number: 38918958
Hauchsvej 17 B, 1825 Frederiksberg C
lene@letsgodigital.dk
tel: 25340009
www.letsgodigital.dk

Credit rating

Company information

Official name
Lets Go Digital ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 170.112 145.522 078.272 035.191 656.14
EBIT478.94867.39- 304.72151.25-37.38
Net earnings400.141 035.84124.3521.38- 377.04
Shareholders equity total755.701 736.241 710.591 381.97604.92
Balance sheet total (assets)1 188.902 737.722 932.291 985.521 019.78
Net debt- 674.61-2 050.67-2 215.44- 957.76- 486.67
Profitability
EBIT-%
ROA53.8 %71.4 %6.2 %3.7 %22.7 %
ROE68.7 %83.1 %7.2 %1.4 %-38.0 %
ROI91.8 %111.4 %10.2 %13.9 %-24.7 %
Economic value added (EVA)347.80669.29- 204.31211.71-56.28
Solvency
Equity ratio63.6 %63.4 %58.3 %69.6 %59.3 %
Gearing1.5 %0.4 %1.0 %1.3 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.72.43.22.4
Current ratio2.72.72.43.22.4
Cash and cash equivalents685.712 058.392 232.72975.73504.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.3%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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