Twentyten Studio ApS — Credit Rating and Financial Key Figures

CVR number: 38349899
Rosenvængets Allé 6 A, 2100 København Ø
hello@twentyten.dk
www.twentyten.dk

Credit rating

Company information

Official name
Twentyten Studio ApS
Established
2017
Company form
Private limited company
Industry

About Twentyten Studio ApS

Twentyten Studio ApS (CVR number: 38349899) is a company from KØBENHAVN. The company recorded a gross profit of 4239.4 kDKK in 2022. The operating profit was 969.5 kDKK, while net earnings were 755.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.5 %, which can be considered excellent and Return on Equity (ROE) was 98.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Twentyten Studio ApS's liquidity measured by quick ratio was 2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit2 647.651 823.022 899.363 578.414 239.39
EBIT755.5519.70537.06671.24969.47
Net earnings587.3414.06418.17521.99755.31
Shareholders equity total644.30250.36518.54640.52895.84
Balance sheet total (assets)3 560.65676.301 734.561 579.411 732.93
Net debt- 952.37- 515.70-1 213.14-1 198.25-1 225.18
Profitability
EBIT-%
ROA39.1 %0.9 %44.6 %40.5 %58.5 %
ROE165.9 %3.1 %108.8 %90.1 %98.3 %
ROI208.3 %4.2 %132.8 %111.8 %124.4 %
Economic value added (EVA)597.5131.29432.77559.08784.94
Solvency
Equity ratio26.6 %37.0 %29.9 %40.6 %51.7 %
Gearing2.7 %8.0 %3.7 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.41.41.62.0
Current ratio1.21.41.41.62.0
Cash and cash equivalents969.71535.681 232.451 220.941 225.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:58.5%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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