We Nordic Label Studios ApS — Credit Rating and Financial Key Figures

CVR number: 38517783
Carl Nielsens Kvarter 15, 5000 Odense C

Credit rating

Company information

Official name
We Nordic Label Studios ApS
Personnel
8 persons
Established
2017
Company form
Private limited company
Industry

About We Nordic Label Studios ApS

We Nordic Label Studios ApS (CVR number: 38517783) is a company from ODENSE. The company recorded a gross profit of 3847.9 kDKK in 2023. The operating profit was 359.3 kDKK, while net earnings were 273 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.8 %, which can be considered excellent and Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 55.3 %, 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. We Nordic Label Studios ApS's liquidity measured by quick ratio was 2.2 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 profit3 055.793 269.753 379.873 930.253 847.91
EBIT75.01198.79301.28516.23359.27
Net earnings53.07149.58224.62385.59273.01
Shareholders equity total871.541 021.121 245.741 331.321 004.33
Balance sheet total (assets)1 166.651 714.631 807.931 717.811 815.78
Net debt-8.70- 373.70- 856.46-1 148.59129.19
Profitability
EBIT-%
ROA6.7 %13.8 %17.1 %29.3 %20.8 %
ROE6.3 %15.8 %19.8 %29.9 %23.4 %
ROI8.4 %20.2 %26.5 %40.0 %26.9 %
Economic value added (EVA)15.26110.71195.39377.17268.29
Solvency
Equity ratio74.7 %59.6 %68.9 %77.5 %55.3 %
Gearing7.4 %39.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.82.43.14.42.2
Current ratio3.82.43.14.42.2
Cash and cash equivalents73.46373.70856.461 148.59263.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:20.8%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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