WeAreBay ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WeAreBay ApS
WeAreBay ApS (CVR number: 40240632) is a company from VEJLE. The company recorded a gross profit of 10.3 kDKK in 2024. The operating profit was 10 kDKK, while net earnings were -105.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.5 %, which can be considered poor and Return on Equity (ROE) was -61.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. WeAreBay ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.60 | 67.26 | -10.19 | 94.13 | 10.25 |
EBIT | -45.64 | 20.34 | -15.42 | 94.50 | 9.97 |
Net earnings | -54.72 | 202.52 | -14.37 | 66.79 | - 105.94 |
Shareholders equity total | 114.88 | 244.60 | 230.23 | 226.09 | 119.77 |
Balance sheet total (assets) | 238.96 | 406.46 | 412.49 | 449.01 | 259.79 |
Net debt | -41.65 | 139.49 | 150.41 | 61.12 | 14.38 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.7 % | 63.0 % | -2.7 % | 22.5 % | -29.5 % |
ROE | -32.8 % | 112.7 % | -6.1 % | 29.3 % | -61.3 % |
ROI | -29.8 % | 76.8 % | -2.9 % | 23.7 % | -34.5 % |
Economic value added (EVA) | -56.98 | 13.18 | -34.86 | 49.12 | -9.46 |
Solvency | |||||
Equity ratio | 48.1 % | 60.2 % | 55.8 % | 50.4 % | 46.1 % |
Gearing | 24.1 % | 58.2 % | 69.7 % | 71.0 % | 84.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.4 | 0.3 | 0.8 | 0.7 |
Current ratio | 1.4 | 0.5 | 0.5 | 0.8 | 0.7 |
Cash and cash equivalents | 69.30 | 2.85 | 10.15 | 99.43 | 86.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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