LET'S IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LET'S IVS
LET'S IVS (CVR number: 37633127) is a company from RUDERSDAL. The company reported a net sales of 0 mDKK in 2017. The operating profit percentage was poor at -107.9 % (EBIT: -0 mDKK), while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.5 %, which can be considered poor and Return on Equity (ROE) was -47.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -29.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LET'S IVS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | |
---|---|---|
Volume | ||
Net sales | 10.00 | |
Gross profit | -0.85 | -10.79 |
EBIT | -0.85 | -10.79 |
Net earnings | -0.85 | -10.79 |
Shareholders equity total | -0.85 | -11.64 |
Balance sheet total (assets) | 16.75 | 28.36 |
Net debt | 0.85 | 20.00 |
Profitability | ||
EBIT-% | -107.9 % | |
ROA | -4.8 % | -37.5 % |
ROE | -5.1 % | -47.8 % |
ROI | -4.8 % | -57.4 % |
Economic value added (EVA) | -0.85 | -9.91 |
Solvency | ||
Equity ratio | -4.8 % | -29.1 % |
Gearing | -2073.0 % | -171.8 % |
Relative net indebtedness % | 400.0 % | |
Liquidity | ||
Quick ratio | 1.0 | 0.7 |
Current ratio | 1.0 | 0.7 |
Cash and cash equivalents | 16.75 | |
Capital use efficiency | ||
Trade debtors turnover (days) | 365.0 | |
Net working capital % | -116.4 % | |
Credit risk | ||
Credit rating | BB | BB |
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