Wetlesen Photography ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Wetlesen Photography ApS
Wetlesen Photography ApS (CVR number: 40173587) is a company from HØRSHOLM. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -46.2 % compared to the previous year. The operating profit percentage was at 83.2 % (EBIT: 0.4 mDKK), while net earnings were 339.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.4 %, which can be considered excellent and Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Wetlesen Photography ApS's liquidity measured by quick ratio was 4.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 33.00 | 15.10 | 4.00 | 992.13 | 533.84 |
Gross profit | 32.76 | 15.10 | -1.75 | 976.20 | 451.63 |
EBIT | 30.90 | 11.16 | -5.69 | 816.50 | 444.10 |
Net earnings | 30.10 | 9.82 | -5.69 | 632.34 | 339.94 |
Shareholders equity total | 80.09 | 89.91 | 84.22 | 716.56 | 456.50 |
Balance sheet total (assets) | 80.39 | 90.21 | 84.22 | 945.24 | 577.76 |
Net debt | -61.05 | -73.81 | -67.40 | - 773.14 | - 575.58 |
Profitability | |||||
EBIT-% | 93.6 % | 73.9 % | -142.2 % | 82.3 % | 83.2 % |
ROA | 38.4 % | 13.1 % | -6.5 % | 158.6 % | 58.4 % |
ROE | 37.6 % | 11.6 % | -6.5 % | 157.9 % | 58.0 % |
ROI | 38.6 % | 13.1 % | -6.5 % | 203.9 % | 75.8 % |
Economic value added (EVA) | 30.90 | 10.21 | -6.50 | 636.11 | 342.61 |
Solvency | |||||
Equity ratio | 99.6 % | 99.7 % | 100.0 % | 75.8 % | 79.0 % |
Gearing | |||||
Relative net indebtedness % | -184.1 % | -486.9 % | -1685.1 % | -54.9 % | -85.1 % |
Liquidity | |||||
Quick ratio | 207.0 | 253.6 | 4.1 | 4.8 | |
Current ratio | 207.0 | 253.6 | 4.1 | 4.8 | |
Cash and cash equivalents | 61.05 | 73.81 | 67.40 | 773.14 | 575.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.7 | ||||
Net working capital % | 184.1 % | 493.5 % | 1819.0 % | 71.5 % | 85.5 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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