We Bite ApS — Credit Rating and Financial Key Figures

CVR number: 38892258
Funkiavej 14, 2300 København S
Free credit report Annual report

Company information

Official name
We Bite ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About We Bite ApS

We Bite ApS (CVR number: 38892258) is a company from KØBENHAVN. The company recorded a gross profit of -9.2 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were -14.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. We Bite ApS's liquidity measured by quick ratio was 2.8 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 profit1 109.001 166.00392.00-12.00-9.23
EBIT197.00354.00392.00-16.00-10.52
Net earnings147.00268.00296.00-20.00-14.14
Shareholders equity total294.00451.00482.00172.00157.91
Balance sheet total (assets)776.00787.00757.00331.00244.26
Net debt- 482.00- 465.00- 752.00- 294.00- 206.86
Profitability
EBIT-%
ROA28.4 %45.3 %50.8 %-2.9 %-3.7 %
ROE47.4 %71.9 %63.5 %-6.1 %-8.6 %
ROI62.5 %93.8 %83.1 %-4.8 %-6.2 %
Economic value added (EVA)135.78259.17280.04-40.47-18.63
Solvency
Equity ratio37.9 %57.3 %63.7 %52.0 %64.6 %
Gearing1.7 %1.1 %1.0 %2.9 %3.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.32.82.12.8
Current ratio1.62.32.82.12.8
Cash and cash equivalents487.00470.00757.00299.00211.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-3.66%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.