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Wordbits ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 149.98 | 173.53 | 180.11 | 361.70 | -41.04 |
| EBIT | -39.55 | -58.78 | 167.20 | 6.57 | - 116.54 |
| Net earnings | -47.19 | -61.89 | 152.56 | -1.25 | - 197.22 |
| Shareholders equity total | -7.19 | 50.93 | 203.49 | 202.24 | 5.02 |
| Balance sheet total (assets) | 327.80 | 225.16 | 292.62 | 272.31 | 11.43 |
| Net debt | 132.45 | 147.72 | -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 | -69.93 | 147.56 | -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 ratio | 0.7 | 0.6 | 2.2 | 3.5 | 1.8 |
| Current ratio | 0.7 | 0.6 | 2.2 | 3.5 | 1.8 |
| Cash and cash equivalents | 96.64 | 12.28 | 29.82 | 99.62 | 6.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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