LET-IT-SNOW ApS

APSBankruptAdvertising protection

CVR 12745923Jens Kreutzmannip Aqqutaa 32, 3900 NuukComputerprogrammering· NACE 620100Est. 2014 · 11 years old— employees

Overview

LET-IT-SNOW ApS is a Danish APS based in Nuuk, operating in the Computerprogrammering sector. Incorporated in 2014, the company reported a gross profit of DKK 459.5k in its latest annual filing.

Gross profit 2018

459.5K DKK

EBITDA margin (of gross profit)

−41.0 %

Net profit 2018

-254.8K DKK

Key ratios

See full ratios →

-34.6 %

Very weak

Among the 20% lowest rated companies in the industry

20182018

0.1×

Very weak

Among the 10% lowest rated companies in the industry

20182018

-40.8 %

Weak

Among the 30% lowest rated companies in the industry

20182018

EBITDA — year on year

DKK thousands

Key figures

Annual report 2018

Gross profit	459.5K DKK	—
EBITDA	-188.6K DKK	—
Net profit	-254.8K DKK	—
Total assets	624.5K DKK	—
Equity	-216.2K DKK	—
Employees	—	—

Contact

Address

Jens Kreutzmannip Aqqutaa 32, 3900 Nuuk

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2018), LET-IT-SNOW ApS reported a gross profit of DKK 459.5k. The bottom line showed a net loss of DKK 254.8k, and the EBITDA margin stood at -41%.

At the end of 2018, current assets covered short-term debt 0.1 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2018
Gross profit	460
Staff expenses	-648
EBITDA	-189
Depreciation & amort.	-21
EBIT	-210
Net financials	-39
Profit before tax	-249
Tax	5
Net profit	-255

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Balance sheet

DKK thousands

Item	2018
Total assets	624
Equity	-216
Long-term debt	0
Short-term debt	841
Total debt	841

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-41.0 %

20182018

Equity ratio

-34.6 %

Very weak

Among the 20% lowest rated companies in the industry

20182018

Return on equity

—

20182018

Net profit margin (of gross profit)

-55.4 %

20182018

Asset turnover (of gross profit)

0.74×

20182018

Debt / equity

—

20182018

Sector performance

13 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on assets (ROA)Weak

Among the 30% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Weak

Among the 30% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 10% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtWeak

Among the 30% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 30% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 40% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Interest rate on debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalVery weak

Among the 20% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

One-year change in debtNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2018
Filed via CVR / Virk · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (4)


PH Parnûna Heilmann Management	Management	2014 – 2016
JS Jesper Søndergaard Olesen Management	Management	2014 – 2016
MJ Morten Jørgen Heilmann Management	Management	2014 – 2016
JM Jens-Jakob Martin Lennert Sandgreen Management	Management	2014 – 2016

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of LET-IT-SNOW ApS also hold positions in 10 other companies.

Person	Role here	Other companies
Morten Jørgen Heilmann	Management	5 companies
Jens-Jakob Martin Lennert Sandgreen	Management	5 companies

Frequently asked questions

What is the CVR number of LET-IT-SNOW ApS?

LET-IT-SNOW ApS is registered with CVR / Virk under CVR 12745923.

What is the gross profit of LET-IT-SNOW ApS?

LET-IT-SNOW ApS reported a gross profit of DKK 459.5k in 2018.

Where is LET-IT-SNOW ApS headquartered?

LET-IT-SNOW ApS's registered address is Jens Kreutzmannip Aqqutaa 32.