Studio23 ApS — Credit Rating and Financial Key Figures

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

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 617.3 kDKK in 2023. The operating profit was 61.2 kDKK, while net earnings were 44.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.2 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit245.00303.58400.06404.97617.33
EBIT9.0530.0845.4745.3961.23
Net earnings5.3119.2329.9231.9644.27
Shareholders equity total75.1994.42124.34156.29100.56
Balance sheet total (assets)159.25220.83197.61293.68219.72
Net debt-70.14- 127.68- 125.67- 187.77- 176.27
Profitability
EBIT-%
ROA7.3 %16.0 %21.7 %18.5 %24.2 %
ROE7.3 %22.7 %27.4 %22.8 %34.5 %
ROI13.1 %32.9 %36.6 %29.5 %43.4 %
Economic value added (EVA)5.7918.7732.8433.7045.77
Solvency
Equity ratio47.2 %42.8 %62.9 %53.2 %45.8 %
Gearing15.9 %11.9 %7.8 %17.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.72.72.11.8
Current ratio1.91.72.72.11.8
Cash and cash equivalents70.14142.71140.48199.91194.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:24.2%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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