LET IT HOLDING IVS — Credit Rating and Financial Key Figures

CVR number: 36044691
Perlestensvej 5, 3540 Lynge

Company information

Official name
LET IT HOLDING IVS
Established
2014
Company form
Entrepreneurial limited company
Industry

About LET IT HOLDING IVS

LET IT HOLDING IVS (CVR number: 36044691) is a company from ALLERØD. The company recorded a gross profit of 0 kDKK in 2020. The operating profit was 0 kDKK, while net earnings were -18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. LET IT HOLDING IVS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit-0.18-1.55-0.13
EBIT-0.18-1.55-0.13
Net earnings-34.96-72.11-80.69-49.87-18.89
Shareholders equity total52.65-19.45-28.09-77.96-46.98
Balance sheet total (assets)569.52527.62519.65470.08503.02
Net debt156.80338.54347.18348.04350.00
Profitability
EBIT-%
ROA-5.1 %-11.1 %-12.4 %-8.9 %-3.3 %
ROE-66.4 %-24.9 %-15.4 %-10.1 %-3.9 %
ROI-8.9 %-17.3 %-19.5 %-14.1 %-5.3 %
Economic value added (EVA)-0.1721.9916.4016.5516.62
Solvency
Equity ratio9.2 %-3.6 %-5.1 %-14.2 %-8.5 %
Gearing601.8 %-1784.0 %-1237.7 %-446.4 %-745.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.80.80.80.8
Current ratio0.90.80.80.80.8
Cash and cash equivalents160.078.530.560.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-3.35%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.54%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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