WASSARD A/S — Credit Rating and Financial Key Figures

CVR number: 31189306
Fuglsang Næs 13 A, Tjørring 7400 Herning

Company information

Official name
WASSARD A/S
Personnel
1 person
Established
2008
Domicile
Tjørring
Company form
Limited company
Industry

About WASSARD A/S

WASSARD A/S (CVR number: 31189306) is a company from HERNING. The company recorded a gross profit of -147.1 kDKK in 2024. The operating profit was -885.3 kDKK, while net earnings were 3080.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WASSARD A/S's liquidity measured by quick ratio was 28.2 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
2024
Volume
Net sales
Gross profit- 129.48-86.66-86.51- 274.57- 147.13
EBIT- 555.74- 553.92- 296.70-1 010.66- 885.34
Net earnings2 789.324 241.39-1 848.932 440.583 080.65
Shareholders equity total26 376.3130 617.7028 768.7731 209.3534 290.00
Balance sheet total (assets)27 134.8632 128.8429 116.4231 536.0335 255.27
Net debt-27 120.56-32 121.78-27 545.21-29 140.05-26 599.98
Profitability
EBIT-%
ROA14.2 %18.6 %0.2 %10.3 %11.8 %
ROE11.2 %14.9 %-6.2 %8.1 %9.4 %
ROI14.5 %19.4 %0.2 %10.4 %12.1 %
Economic value added (EVA)- 440.39- 394.58- 155.88- 849.45- 795.05
Solvency
Equity ratio97.2 %95.3 %98.8 %99.0 %97.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio35.821.381.190.228.2
Current ratio35.821.383.896.536.5
Cash and cash equivalents27 120.5632 121.7827 545.2129 140.0526 599.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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