Wetlesen Photography ApS — Credit Rating and Financial Key Figures

CVR number: 40173587
Skovkysten 2, 2960 Rungsted Kyst

Credit rating

Company information

Official name
Wetlesen Photography ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales33.0015.104.00992.13533.84
Gross profit32.7615.10-1.75976.20451.63
EBIT30.9011.16-5.69816.50444.10
Net earnings30.109.82-5.69632.34339.94
Shareholders equity total80.0989.9184.22716.56456.50
Balance sheet total (assets)80.3990.2184.22945.24577.76
Net debt-61.05-73.81-67.40- 773.14- 575.58
Profitability
EBIT-%93.6 %73.9 %-142.2 %82.3 %83.2 %
ROA38.4 %13.1 %-6.5 %158.6 %58.4 %
ROE37.6 %11.6 %-6.5 %157.9 %58.0 %
ROI38.6 %13.1 %-6.5 %203.9 %75.8 %
Economic value added (EVA)30.9010.21-6.50636.11342.61
Solvency
Equity ratio99.6 %99.7 %100.0 %75.8 %79.0 %
Gearing
Relative net indebtedness %-184.1 %-486.9 %-1685.1 %-54.9 %-85.1 %
Liquidity
Quick ratio207.0253.64.14.8
Current ratio207.0253.64.14.8
Cash and cash equivalents61.0573.8167.40773.14575.58
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 ratingBBBBBBBBBBB

Variable visualization

ROA:58.4%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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