We R IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About We R IT ApS
We R IT ApS (CVR number: 38734326) is a company from AALBORG. The company recorded a gross profit of -23.9 kDKK in 2021. The operating profit was -38.5 kDKK, while net earnings were -38.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. We R IT ApS's liquidity measured by quick ratio was 4.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 297.72 | 826.61 | |||
Gross profit | 248.90 | 451.81 | 92.00 | 42.72 | -23.92 |
EBIT | 171.90 | 255.37 | 1.62 | -38.93 | -38.48 |
Net earnings | 165.12 | 168.29 | 1.62 | -47.84 | -38.50 |
Shareholders equity total | 333.41 | 335.03 | 287.18 | 248.68 | |
Balance sheet total (assets) | 466.98 | 457.28 | 307.86 | 302.87 | |
Net debt | - 154.30 | - 117.89 | -87.08 | - 115.04 | |
Profitability | |||||
EBIT-% | 57.7 % | 30.9 % | |||
ROA | 54.7 % | 0.4 % | -10.2 % | -12.6 % | |
ROE | 50.5 % | 0.5 % | -15.4 % | -14.4 % | |
ROI | 71.2 % | 0.5 % | -12.3 % | -13.8 % | |
Economic value added (EVA) | 171.90 | 255.37 | -7.38 | -58.43 | -48.33 |
Solvency | |||||
Equity ratio | 71.4 % | 73.3 % | 93.3 % | 82.1 % | |
Gearing | 1.9 % | 1.5 % | 6.4 % | ||
Relative net indebtedness % | -5.6 % | ||||
Liquidity | |||||
Quick ratio | 2.5 | 2.6 | 12.3 | 4.9 | |
Current ratio | 2.5 | 2.6 | 12.3 | 4.9 | |
Cash and cash equivalents | 154.30 | 124.30 | 91.32 | 131.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.6 | ||||
Net working capital % | 20.0 % | ||||
Credit risk | |||||
Credit rating | C | BBB | BBB | BB | BB |
Variable visualization
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