LET IT GROW ApS — Credit Rating and Financial Key Figures

CVR number: 36461764
Bogøvej 15, 8382 Hinnerup

Company information

Official name
LET IT GROW ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About LET IT GROW ApS

LET IT GROW ApS (CVR number: 36461764) is a company from FAVRSKOV. The company recorded a gross profit of 531.2 kDKK in 2024. The operating profit was 156.5 kDKK, while net earnings were 121.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.9 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. LET IT GROW ApS's liquidity measured by quick ratio was 4.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit623.13768.40582.76413.08531.21
EBIT14.7850.74-61.9423.84156.47
Net earnings-27.5668.04- 107.2522.84121.37
Shareholders equity total389.35400.88236.33259.17380.54
Balance sheet total (assets)609.80565.11333.56367.33497.85
Net debt- 545.72- 527.42- 263.13- 259.79- 486.37
Profitability
EBIT-%
ROA2.5 %13.7 %-26.6 %16.7 %39.9 %
ROE-6.4 %17.2 %-33.7 %9.2 %37.9 %
ROI3.4 %20.3 %-37.4 %23.5 %54.0 %
Economic value added (EVA)-7.3724.30-75.065.04110.01
Solvency
Equity ratio63.8 %70.9 %70.9 %70.6 %76.4 %
Gearing0.1 %0.1 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.43.43.44.2
Current ratio2.83.43.43.44.2
Cash and cash equivalents545.72527.42263.29259.95486.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:39.9%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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