WeCircle ApS — Credit Rating and Financial Key Figures

CVR number: 42735973
Strynøgade 7, 2100 København Ø
tel: 71994441
https://wecircle.io

Credit rating

Company information

Official name
WeCircle ApS
Personnel
2 persons
Established
2021
Company form
Private limited company
Industry
  • Expand more icon621000

About WeCircle ApS

WeCircle ApS (CVR number: 42735973) is a company from KØBENHAVN. The company recorded a gross profit of 975.3 kDKK in 2023. The operating profit was 453.1 kDKK, while net earnings were 346.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 49.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. WeCircle ApS's liquidity measured by quick ratio was 4.7 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
Volume
Net sales
Gross profit697.61975.33
EBIT614.62453.13
Net earnings472.28346.54
Shareholders equity total532.47879.01
Balance sheet total (assets)835.961 116.65
Net debt- 578.90- 374.54
Profitability
EBIT-%
ROA73.5 %46.4 %
ROE88.7 %49.1 %
ROI94.6 %57.4 %
Economic value added (EVA)478.57363.00
Solvency
Equity ratio63.7 %78.7 %
Gearing22.0 %5.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.74.7
Current ratio2.74.7
Cash and cash equivalents695.88426.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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