LETS TEND ApS — Credit Rating and Financial Key Figures

LETS TEND ApS (CVR number: 36202696) is a company from KØBENHAVN. The company recorded a gross profit of 62.2 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 20.2 kDKK, while net earnings were 19.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -61.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LETS TEND ApS's liquidity measured by quick ratio was 0.3 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.