Letvadvej 32 ApS — Credit Rating and Financial Key Figures

CVR number: 38041754
Sønder Tranders Vej 163 B, 9260 Gistrup

Credit rating

Company information

Official name
Letvadvej 32 ApS
Established
2016
Company form
Private limited company
Industry

About Letvadvej 32 ApS

Letvadvej 32 ApS (CVR number: 38041754) is a company from AALBORG. The company recorded a gross profit of 685.8 kDKK in 2024. The operating profit was 325.8 kDKK, while net earnings were 60.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 13.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Letvadvej 32 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit465.95702.81752.14705.30685.84
EBIT- 214.933 792.81-2 677.86515.30325.84
Net earnings- 377.062 808.89-1 961.74209.5460.23
Shareholders equity total1 919.034 727.912 466.172 375.722 135.94
Balance sheet total (assets)16 315.5319 652.4516 255.1515 801.6415 512.10
Net debt13 307.3913 142.8812 668.6212 412.9412 347.23
Profitability
EBIT-%
ROA-1.3 %21.1 %-12.5 %3.2 %2.1 %
ROE-16.7 %84.5 %-54.5 %8.7 %2.7 %
ROI-1.3 %21.2 %-12.6 %3.3 %2.1 %
Economic value added (EVA)-1 003.622 157.17-3 057.00- 390.85- 521.46
Solvency
Equity ratio11.8 %24.1 %15.2 %15.1 %13.8 %
Gearing693.4 %278.0 %513.7 %523.7 %582.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.60.50.10.2
Current ratio0.00.60.50.10.2
Cash and cash equivalents28.5793.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABBB

Variable visualization

ROA:2.09%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.8%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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