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plain weavers ApS — Credit Rating and Financial Key Figures

CVR number: 41195339
Ørnevej 20, 2400 København NV
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Credit rating

Company information

Official name
plain weavers ApS
Established
2020
Company form
Private limited company
Industry

About plain weavers ApS

plain weavers ApS (CVR number: 41195339) is a company from KØBENHAVN. The company recorded a gross profit of 14.2 kDKK in 2023. The operating profit was 4.7 kDKK, while net earnings were 3.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 33.8 %, 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. plain weavers ApS's liquidity measured by quick ratio was 1.5 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
Volume
Net sales
Gross profit63.09-36.26-1.8014.23
EBIT63.09-36.26-1.804.70
Net earnings48.91-29.24-1.963.70
Shareholders equity total88.9159.6757.7161.41
Balance sheet total (assets)129.1066.6661.71181.51
Net debt- 117.05-56.11-49.18- 172.41
Profitability
EBIT-%
ROA48.9 %-37.0 %-2.8 %3.9 %
ROE55.0 %-39.4 %-3.3 %6.2 %
ROI71.0 %-48.0 %-3.0 %7.9 %
Economic value added (EVA)49.19-32.88-4.931.80
Solvency
Equity ratio68.9 %89.5 %93.5 %33.8 %
Gearing4.1 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.29.515.41.5
Current ratio3.29.515.41.5
Cash and cash equivalents117.0558.5949.18172.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:3.87%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.8%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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