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Wordbits ApS — Credit Rating and Financial Key Figures

CVR number: 40952349
Engsletten 10, 2300 København S
Free credit report Annual report

Company information

Official name
Wordbits ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Wordbits ApS

Wordbits ApS (CVR number: 40952349) is a company from KØBENHAVN. The company recorded a gross profit of -41 kDKK in 2024. The operating profit was -116.5 kDKK, while net earnings were -197.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.6 %, which can be considered poor and Return on Equity (ROE) was -190.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. Wordbits ApS's liquidity measured by quick ratio was 1.8 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 profit149.98173.53180.11361.70-41.04
EBIT-39.55-58.78167.206.57- 116.54
Net earnings-47.19-61.89152.56-1.25- 197.22
Shareholders equity total-7.1950.93203.49202.245.02
Balance sheet total (assets)327.80225.16292.62272.3111.43
Net debt132.45147.72-29.82-99.62-6.75
Profitability
EBIT-%
ROA-11.8 %-21.0 %64.6 %2.3 %-24.6 %
ROE-14.4 %-32.7 %119.9 %-0.6 %-190.3 %
ROI-17.3 %-26.7 %80.3 %3.2 %-188.8 %
Economic value added (EVA)-39.55-69.93147.56-5.65- 125.29
Solvency
Equity ratio-2.1 %22.6 %69.5 %74.3 %43.9 %
Gearing-3187.6 %314.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.62.23.51.8
Current ratio0.70.62.23.51.8
Cash and cash equivalents96.6412.2829.8299.626.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-24.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.9%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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