Bit Weavers ApS — Credit Rating and Financial Key Figures

CVR number: 41386673
Bramstræde 3 B, 3000 Helsingør

Credit rating

Company information

Official name
Bit Weavers ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About Bit Weavers ApS

Bit Weavers ApS (CVR number: 41386673) is a company from HELSINGØR. The company recorded a gross profit of 2436.7 kDKK in 2024. The operating profit was 498 kDKK, while net earnings were 401.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 20.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Bit Weavers ApS's liquidity measured by quick ratio was 2.7 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 profit2 077.432 131.422 132.981 732.312 436.71
EBIT275.16314.54314.50-85.96497.99
Net earnings198.61223.87226.38-88.14401.66
Shareholders equity total2 760.551 984.432 010.811 722.672 124.33
Balance sheet total (assets)3 806.863 094.633 243.513 184.763 065.87
Net debt- 999.29- 210.03- 535.10- 645.76- 331.37
Profitability
EBIT-%
ROA7.2 %9.1 %9.9 %-2.7 %16.5 %
ROE7.2 %9.4 %11.3 %-4.7 %20.9 %
ROI8.5 %10.5 %11.4 %-3.1 %19.7 %
Economic value added (EVA)205.99156.41172.07- 120.72371.51
Solvency
Equity ratio72.5 %64.1 %62.0 %54.1 %69.3 %
Gearing16.0 %20.3 %43.3 %2.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.71.81.52.7
Current ratio2.91.71.81.52.7
Cash and cash equivalents999.29526.93944.151 391.26390.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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