WE LOVE PEOPLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WE LOVE PEOPLE ApS
WE LOVE PEOPLE ApS (CVR number: 18641305) is a company from KØBENHAVN. The company reported a net sales of 8.7 mDKK in 2023, demonstrating a decline of -50.5 % compared to the previous year. The operating profit percentage was poor at -3.5 % (EBIT: -0.3 mDKK), while net earnings were -227.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -19.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WE LOVE PEOPLE ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25 051.56 | 20 053.20 | 21 984.16 | 17 539.49 | 8 680.89 |
Gross profit | 14 381.77 | 13 337.48 | 13 195.24 | 10 447.70 | 4 508.27 |
EBIT | 821.69 | 2 440.20 | 3 022.81 | 807.47 | - 302.54 |
Net earnings | 597.44 | 1 837.64 | 2 299.08 | 584.93 | - 227.57 |
Shareholders equity total | 1 282.43 | 2 523.56 | 2 986.60 | 1 269.93 | 1 042.36 |
Balance sheet total (assets) | 10 467.72 | 11 413.51 | 8 523.32 | 5 945.78 | 5 476.37 |
Net debt | -7 285.03 | -8 719.26 | -4 719.69 | -1 528.38 | -2 679.11 |
Profitability | |||||
EBIT-% | 3.3 % | 12.2 % | 13.7 % | 4.6 % | -3.5 % |
ROA | 6.9 % | 22.3 % | 30.4 % | 11.2 % | -4.9 % |
ROE | 22.6 % | 96.6 % | 83.4 % | 27.5 % | -19.7 % |
ROI | 24.7 % | 96.8 % | 93.8 % | 31.6 % | -19.2 % |
Economic value added (EVA) | 773.49 | 2 191.25 | 2 670.72 | 709.26 | - 225.64 |
Solvency | |||||
Equity ratio | 15.6 % | 25.1 % | 40.3 % | 27.3 % | 21.5 % |
Gearing | 10.2 % | 5.2 % | |||
Relative net indebtedness % | 4.6 % | -1.6 % | 1.6 % | 15.7 % | 17.7 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.7 | 2.1 | 1.9 | 1.4 |
Current ratio | 1.2 | 1.4 | 1.6 | 1.3 | 1.2 |
Cash and cash equivalents | 7 415.56 | 8 850.98 | 4 719.69 | 1 528.38 | 2 679.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 32.1 | 26.8 | 48.8 | 63.6 | 81.7 |
Net working capital % | 6.9 % | 15.5 % | 14.3 % | 7.3 % | 10.0 % |
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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