WRITEREADER ApS — Credit Rating and Financial Key Figures

CVR number: 34892199
Ulriksholmvej 16, 5230 Odense M
info@writereader.com
www.writereader.com

Credit rating

Company information

Official name
WRITEREADER ApS
Personnel
4 persons
Established
2012
Company form
Private limited company
Industry

About WRITEREADER ApS

WRITEREADER ApS (CVR number: 34892199) is a company from ODENSE. The company recorded a gross profit of 2002.2 kDKK in 2024. The operating profit was 109 kDKK, while net earnings were 128.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WRITEREADER ApS's liquidity measured by quick ratio was 4.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit609.87836.21756.991 723.472 002.17
EBIT- 584.8469.93- 179.06232.10108.99
Net earnings- 355.01-2.34- 140.18201.90128.81
Shareholders equity total1 329.801 327.461 842.282 044.182 172.98
Balance sheet total (assets)3 607.512 742.062 305.382 455.552 521.42
Net debt-1 132.76- 662.02- 399.47- 122.09- 145.43
Profitability
EBIT-%
ROA-17.0 %0.7 %-6.8 %9.0 %4.4 %
ROE-23.3 %-0.2 %-8.8 %10.4 %6.1 %
ROI-37.4 %1.5 %-10.7 %10.9 %5.2 %
Economic value added (EVA)- 436.05-12.99- 207.14147.7246.49
Solvency
Equity ratio39.1 %48.4 %79.9 %83.2 %86.2 %
Gearing0.5 %1.1 %1.2 %1.0 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.33.54.54.6
Current ratio1.21.33.54.54.6
Cash and cash equivalents1 139.59677.20421.00142.56159.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:4.41%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.2%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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