Work In Tune ApS — Credit Rating and Financial Key Figures

CVR number: 38451162
Constantin Hansens Gade 21, 1799 København V
mette@workintune.com
tel: 22277175
www.businessrhetoric.com

Company information

Official name
Work In Tune ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Work In Tune ApS

Work In Tune ApS (CVR number: 38451162) is a company from KØBENHAVN. The company recorded a gross profit of 2864.7 kDKK in 2023. The operating profit was 363.6 kDKK, while net earnings were 284.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.7 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.3 %, 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. Work In Tune ApS's liquidity measured by quick ratio was 2.4 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 profit1 065.071 234.601 683.721 569.572 864.66
EBIT176.01230.36391.4040.66363.64
Net earnings128.10168.75297.4026.57284.76
Shareholders equity total367.02410.78543.17455.34622.31
Balance sheet total (assets)603.93852.41989.45878.511 167.17
Net debt- 559.47- 490.27- 720.14- 578.28- 584.54
Profitability
EBIT-%
ROA27.8 %32.0 %43.0 %5.2 %35.7 %
ROE35.9 %43.4 %62.4 %5.3 %52.8 %
ROI49.7 %60.0 %82.9 %9.7 %67.1 %
Economic value added (EVA)138.05185.63302.5234.63293.04
Solvency
Equity ratio60.8 %49.5 %54.9 %51.8 %53.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.22.22.82.02.4
Current ratio3.22.12.82.02.4
Cash and cash equivalents559.47490.27720.14578.28584.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:35.7%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.3%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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