lets lease aps — Credit Rating and Financial Key Figures

CVR number: 39621886
Haslegårdsvej 8, Hasle 8210 Aarhus V
info@c2p.dk

Credit rating

Company information

Official name
lets lease aps
Personnel
2 persons
Established
2018
Domicile
Hasle
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About lets lease aps

lets lease aps (CVR number: 39621886) is a company from AARHUS. The company recorded a gross profit of -2702.4 kDKK in 2023. The operating profit was -4321.5 kDKK, while net earnings were -4842.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -76.6 %, which can be considered poor and Return on Equity (ROE) was -501.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -75.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. lets lease aps's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 343.267 458.948 040.12- 208.47-2 702.35
EBIT5 463.114 899.885 084.95-1 838.75-4 321.45
Net earnings3 997.053 364.673 700.37-1 832.16-4 842.14
Shareholders equity total4 285.304 649.975 350.34518.18-4 323.96
Balance sheet total (assets)6 086.9315 730.9611 572.235 502.691 414.34
Net debt-2 673.05-2 252.31- 683.073 801.333 238.22
Profitability
EBIT-%
ROA132.5 %44.9 %37.3 %-21.3 %-76.6 %
ROE174.8 %75.3 %74.0 %-62.4 %-501.1 %
ROI239.5 %109.7 %91.0 %-31.9 %-94.5 %
Economic value added (EVA)4 301.543 740.703 839.97-1 618.16-4 832.82
Solvency
Equity ratio70.4 %29.6 %48.7 %9.4 %-75.4 %
Gearing22.0 %841.0 %-98.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.21.02.01.10.2
Current ratio3.21.41.81.10.2
Cash and cash equivalents2 673.052 252.311 862.11556.471 001.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBC

Variable visualization

ROA:-76.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-75.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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