Wear Group A/S — Credit Rating and Financial Key Figures

CVR number: 35818065
Hostrupsgade 41, 8600 Silkeborg
info@wear-group.com
tel: 79301943
www.wear-group.com

Credit rating

Company information

Official name
Wear Group A/S
Personnel
26 persons
Established
2014
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Wear Group A/S

Wear Group A/S (CVR number: 35818065) is a company from SILKEBORG. The company recorded a gross profit of 20.7 mDKK in 2024. The operating profit was 5600.5 kDKK, while net earnings were 3379.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.9 %, 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. Wear Group A/S's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 762.2120 507.0621 725.9716 837.7320 674.68
EBIT9 891.7410 344.298 205.721 493.665 600.49
Net earnings7 139.897 568.555 887.86356.173 379.65
Shareholders equity total13 501.3617 562.7818 700.3117 199.0922 429.44
Balance sheet total (assets)30 454.8040 641.8145 773.4844 035.1664 180.64
Net debt6 374.6513 195.3619 040.4416 897.7135 840.91
Profitability
EBIT-%
ROA40.0 %29.1 %19.1 %3.4 %10.5 %
ROE64.7 %48.7 %32.5 %2.0 %17.1 %
ROI56.0 %40.3 %24.0 %4.2 %12.2 %
Economic value added (EVA)7 203.537 428.315 523.20134.203 482.80
Solvency
Equity ratio45.3 %43.2 %40.9 %39.1 %34.9 %
Gearing49.1 %75.2 %102.0 %99.1 %160.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.20.90.80.9
Current ratio1.81.71.71.61.5
Cash and cash equivalents254.9313.6734.78138.0870.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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