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We Make Songs ApS — Credit Rating and Financial Key Figures

CVR number: 42967793
Stigsborgvej 36, 9400 Nørresundby
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Credit rating

Company information

Official name
We Make Songs ApS
Established
2022
Company form
Private limited company
Industry

About We Make Songs ApS

We Make Songs ApS (CVR number: 42967793) is a company from AALBORG. The company recorded a gross profit of 13.9 kDKK in 2025. The operating profit was 9.2 kDKK, while net earnings were 5.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. We Make Songs ApS's liquidity measured by quick ratio was 4.8 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
2022
2023
2024
2025
Volume
Net sales
Gross profit-17.72-8.875.5313.86
EBIT-17.72-8.875.539.20
Net earnings-15.06-6.924.315.94
Shareholders equity total25.4418.5222.8428.77
Balance sheet total (assets)25.4423.0227.34110.56
Net debt-22.60-13.74-23.77-42.52
Profitability
EBIT-%
ROA-69.7 %-36.6 %22.0 %13.3 %
ROE-59.2 %-31.5 %20.9 %23.0 %
ROI-69.7 %-36.6 %24.1 %35.6 %
Economic value added (EVA)-14.92-8.203.166.89
Solvency
Equity ratio100.0 %80.5 %83.5 %26.0 %
Gearing24.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.16.14.8
Current ratio5.16.14.8
Cash and cash equivalents22.6018.2323.7742.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:13.3%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:26.0%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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