Wennstrom Wash Systems A/S

CVR number: 16864277
Industrivej 19, 7430 Ikast
jan.jorgensen@wennstrom.com
tel: 43533311
www.wennstrom.com

Credit rating

Company information

Official name
Wennstrom Wash Systems A/S
Established
1993
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

Wennstrom Wash Systems A/S (CVR number: 16864277) is a company from IKAST-BRANDE. The company recorded a gross profit of 12.3 mDKK in 2023. The operating profit was -6600 kDKK, while net earnings were -5350.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43 %, which can be considered poor and Return on Equity (ROE) was -118.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27 %, 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. Wennstrom Wash Systems A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit12 922.2514 493.0317 006.7220 664.9812 277.04
EBIT931.241 603.36- 150.721 487.26-6 599.96
Net earnings562.201 294.12- 345.191 099.89-5 350.37
Shareholders equity total3 127.724 421.844 076.665 176.543 866.68
Balance sheet total (assets)12 595.9223 881.9117 586.0215 454.7614 552.06
Net debt4 401.92-1 053.093 518.843 172.102 988.09
Profitability
EBIT-%
ROA5.9 %8.8 %-0.7 %9.0 %-43.0 %
ROE19.7 %34.3 %-8.1 %23.8 %-118.3 %
ROI9.5 %17.2 %-1.3 %13.0 %-74.0 %
Economic value added (EVA)630.281 458.74-48.601 311.91-5 351.44
Solvency
Equity ratio24.8 %18.5 %23.2 %33.5 %27.0 %
Gearing155.8 %107.4 %166.3 %83.6 %89.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.81.21.0
Current ratio1.41.31.51.81.5
Cash and cash equivalents469.665 803.503 259.291 152.98470.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:-43.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.0%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2024-10-04T14:01:12.227Z

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