Wedodemocracy ApS — Credit Rating and Financial Key Figures

CVR number: 38750534
Rentemestervej 57, 2400 København NV
zakia@wedodemocracy.dk
tel: 53620313
www.wedodemocracy.dk

Credit rating

Company information

Official name
Wedodemocracy ApS
Personnel
12 persons
Established
2017
Company form
Private limited company
Industry

About Wedodemocracy ApS

Wedodemocracy ApS (CVR number: 38750534) is a company from KØBENHAVN. The company recorded a gross profit of 4619.1 kDKK in 2023. The operating profit was 42.3 kDKK, while net earnings were 28.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. Wedodemocracy ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 127.002 004.002 836.003 944.004 619.08
EBIT110.0096.00584.00447.0042.27
Net earnings64.00-60.00901.001 228.0028.36
Shareholders equity total425.00310.001 212.001 940.001 667.65
Balance sheet total (assets)1 405.001 809.002 731.004 007.003 285.13
Net debt85.00- 146.0074.00- 146.00- 613.59
Profitability
EBIT-%
ROA10.8 %0.4 %46.0 %40.1 %1.8 %
ROE17.3 %-16.3 %118.4 %77.9 %1.6 %
ROI15.5 %0.7 %83.5 %56.6 %2.6 %
Economic value added (EVA)91.3452.98448.73320.17102.95
Solvency
Equity ratio30.2 %17.1 %44.4 %48.4 %50.8 %
Gearing129.2 %134.5 %39.9 %54.5 %24.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.31.71.32.1
Current ratio2.01.31.71.32.1
Cash and cash equivalents464.00563.00410.001 204.001 014.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:1.84%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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