Let'sRead ApS
APSActiveAdvertising protectionCVR 43519352Holmegårdsvej 18, 2920 CharlottenlundAll other professional, scientific and technical activities n.e.c.· NACE 7499Est. 2022 · 4 years old— employees
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Overview
Let'sRead ApS is a Danish APS based in Charlottenlund, operating in the All other professional, scientific and technical activities n.e.c. sector. Incorporated in 2022, the company reported a gross profit of -DKK 3.4k in its latest annual filing.
Gross profit 2025
-3.4K DKK
−20% vs 2024
EBITDA margin (of gross profit)
100.0 %
+20% vs 2024
Net profit 2025
-2.9K DKK
+64% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
100.0 %
Very strongAmong the 10% highest rated companies in the industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
0.0×
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
-20.9 %
Very weakAmong the 20% lowest rated companies in the industry
20232025
EBITDA — year on year
DKK thousandsKey figures
Annual report 2025| Gross profit | -3.4K DKK | -20% |
| EBITDA | -3.4K DKK | +20% |
| Net profit | -2.9K DKK | +64% |
| Total assets | 13.8K DKK | -17% |
| Equity | 13.8K DKK | -17% |
| Employees | — | — |
Company information
Legal name
Let'sRead ApS
CVR number
43519352
Legal form
Anpartsselskab
Founded
12 September 2022 · 4 years
Share capital
DKK 40,000
Employees
—
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af 2 direktører i forening.
Company purpose
Selskabets formål er at udøve virksomhed med handel og service samt aktiviteter i tilknytning hertil.
(no translation available)
Contact
Address
Holmegårdsvej 18, 2920 Charlottenlund
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2025), Let'sRead ApS reported a gross profit of -DKK 3.4k. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net loss of DKK 2.9k.
At the end of 2025, equity financed 100% of the balance sheet.
Financials
Gross profit
DKK thousandsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | -3 | -4 | -15 |
| Staff expenses | -0 | -0 | -0 |
| EBITDA | -3 | -4 | -15 |
| Depreciation & amort. | -0 | -0 | -0 |
| EBIT | -3 | -4 | -15 |
| Net financials | 0 | -0 | -0 |
| Profit before tax | -3 | -4 | -15 |
| Tax | -0 | 4 | -0 |
| Net profit | -3 | -8 | -15 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 14 | 17 | 25 |
| Equity | 14 | 17 | 25 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 0 | 0 | 0 |
| Total debt | 0 | 0 | 0 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
<−999 %
20232025
Equity ratio
100.0 %
Very strongAmong the 10% highest rated companies in the industry
20232025
Return on equity
-20.9 %
Very weakAmong the 20% lowest rated companies in the industry
20232025
Net profit margin (of gross profit)
<−999 %
20232025
Asset turnover (of gross profit)
-0.25×
20232025
Debt / equity
0.00×
20232025
Sector performance
11 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very weak
Among the 20% lowest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very weak
Among the 20% lowest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very weak
Among the 20% lowest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
Capacity ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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.
Liquidity
Current assets to equityStrong
Among the 30% highest rated companies in the industry
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 capitalVery strong
Among the 10% highest rated companies in the industry
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.
Cash conversion ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
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 ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Debt & solvency
Solidity ratioVery strong
Among the 10% highest 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.
Liabilities to equityVery strong
Among the 10% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Debt ratioNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
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.
Income to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The ability to pay the interest on the company's debt out of its earnings.
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.
One-year change in equityWeak
Among the 30% lowest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
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 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
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
SH Management | Management | 2022 |
ME | Founder | 2022 |
Board of directors
Non-executive oversightNo data on file.
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2026 | |
| Individual | 50–66.65% | 50–66.65% | 2022 |
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
HOFFMEYER TOLKNING og MANAGEMENT A/S
Let'sRead ApS Board network connections
Board members of Let'sRead ApS also hold positions in 5 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Stig Hoffmeyer | Management | 4 companies |
| Mette Elisabeth Marie Schrøder | Founder | 1 company |
Frequently asked questions
What is the CVR number of Let'sRead ApS?
Let'sRead ApS is registered with CVR / Virk under CVR 43519352.
What is the gross profit of Let'sRead ApS?
Let'sRead ApS reported a gross profit of -DKK 3.4k in 2025.
Where is Let'sRead ApS headquartered?
Let'sRead ApS's registered address is Holmegårdsvej 18.