We R IT ApS — Credit Rating and Financial Key Figures

CVR number: 38734326
Mellemvangen 3, Gudumholm 9280 Storvorde
shared@werit.dk
tel: 25571071
www.werit.dk
Free credit report

Company information

Official name
We R IT ApS
Established
2017
Domicile
Gudumholm
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales297.72826.61
Gross profit248.90451.8192.0042.72-23.92
EBIT171.90255.371.62-38.93-38.48
Net earnings165.12168.291.62-47.84-38.50
Shareholders equity total333.41335.03287.18248.68
Balance sheet total (assets)466.98457.28307.86302.87
Net debt- 154.30- 117.89-87.08- 115.04
Profitability
EBIT-%57.7 %30.9 %
ROA54.7 %0.4 %-10.2 %-12.6 %
ROE50.5 %0.5 %-15.4 %-14.4 %
ROI71.2 %0.5 %-12.3 %-13.8 %
Economic value added (EVA)171.90255.37-7.38-58.43-48.33
Solvency
Equity ratio71.4 %73.3 %93.3 %82.1 %
Gearing1.9 %1.5 %6.4 %
Relative net indebtedness %-5.6 %
Liquidity
Quick ratio2.52.612.34.9
Current ratio2.52.612.34.9
Cash and cash equivalents154.30124.3091.32131.00
Capital use efficiency
Trade debtors turnover (days)52.6
Net working capital %20.0 %
Credit risk
Credit ratingCBBBBBBBBBB

Variable visualization

ROA:-12.6%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.1%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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