Studio23 ApS — Credit Rating and Financial Key Figures

CVR number: 38332988
Solevadvej 18, Solevad 5690 Tommerup
kstm1991@gmail.com

Credit rating

Company information

Official name
Studio23 ApS
Personnel
1 person
Established
2017
Domicile
Solevad
Company form
Private limited company
Industry

About Studio23 ApS

Studio23 ApS (CVR number: 38332988) is a company from ASSENS. The company recorded a gross profit of 509.7 kDKK in 2024. The operating profit was 53.7 kDKK, while net earnings were 38 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 31.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, 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. Studio23 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit303.58400.06404.97617.33509.70
EBIT30.0845.4745.3961.2353.67
Net earnings19.2329.9231.9644.2738.03
Shareholders equity total94.42124.34156.29100.56138.59
Balance sheet total (assets)220.83197.61293.68219.72238.11
Net debt- 127.68- 125.67- 187.77- 176.27- 111.91
Profitability
EBIT-%
ROA16.0 %21.7 %18.5 %24.2 %23.7 %
ROE22.7 %27.4 %22.8 %34.5 %31.8 %
ROI32.9 %36.6 %29.5 %43.4 %39.8 %
Economic value added (EVA)15.2524.9125.9035.1131.60
Solvency
Equity ratio42.8 %62.9 %53.2 %45.8 %58.2 %
Gearing15.9 %11.9 %7.8 %17.8 %11.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.72.11.82.4
Current ratio1.72.72.11.82.4
Cash and cash equivalents142.71140.48199.91194.20128.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.7%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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