WASSARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WASSARD A/S
WASSARD A/S (CVR number: 31189306) is a company from HERNING. The company recorded a gross profit of -1282.9 kDKK in 2025. The operating profit was -2028.1 kDKK, while net earnings were -71.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, 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 101.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -86.66 | -86.51 | - 274.57 | - 147.13 | -1 282.87 |
| EBIT | - 553.92 | - 296.70 | -1 010.66 | - 885.34 | -2 028.14 |
| Net earnings | 4 241.39 | -1 848.93 | 2 440.58 | 3 080.65 | -71.94 |
| Shareholders equity total | 30 617.70 | 28 768.77 | 31 209.35 | 34 290.00 | 34 218.06 |
| Balance sheet total (assets) | 32 128.84 | 29 116.42 | 31 536.03 | 35 255.27 | 34 505.37 |
| Net debt | -32 121.78 | -27 545.21 | -29 140.05 | -26 599.98 | -28 947.71 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.6 % | 0.2 % | 10.3 % | 11.8 % | -0.2 % |
| ROE | 14.9 % | -6.2 % | 8.1 % | 9.4 % | -0.2 % |
| ROI | 19.4 % | 0.2 % | 10.4 % | 12.1 % | -0.2 % |
| Economic value added (EVA) | -1 757.39 | -1 770.00 | -2 233.60 | -2 259.34 | -3 443.50 |
| Solvency | |||||
| Equity ratio | 95.3 % | 98.8 % | 99.0 % | 97.3 % | 99.2 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 21.3 | 81.1 | 90.2 | 28.2 | 101.5 |
| Current ratio | 21.3 | 83.8 | 96.5 | 36.5 | 120.1 |
| Cash and cash equivalents | 32 121.78 | 27 545.21 | 29 140.05 | 26 599.98 | 28 947.71 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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