Wire solutions ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Wire solutions ApS
Wire solutions ApS (CVR number: 40209115) is a company from SØNDERBORG. The company recorded a gross profit of -12.6 kDKK in 2023. The operating profit was -12.6 kDKK, while net earnings were -9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -29.2 %, which can be considered poor and Return on Equity (ROE) was -143 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. Wire solutions ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 58.21 | ||||
Gross profit | 33.97 | 17.97 | 32.69 | -38.26 | -12.57 |
EBIT | 33.97 | 17.97 | 32.69 | -38.26 | -12.57 |
Net earnings | 26.51 | 17.97 | 25.21 | -35.87 | -9.29 |
Shareholders equity total | 26.61 | 43.85 | 69.06 | 11.14 | 1.85 |
Balance sheet total (assets) | 67.66 | 89.22 | 104.74 | 77.27 | 7.86 |
Net debt | -48.51 | -89.22 | -59.14 | -30.09 | -0.12 |
Profitability | |||||
EBIT-% | 58.3 % | ||||
ROA | 50.2 % | 22.9 % | 33.7 % | -42.0 % | -29.2 % |
ROE | 99.6 % | 51.0 % | 44.7 % | -89.4 % | -143.0 % |
ROI | 127.7 % | 51.0 % | 54.4 % | -57.9 % | -43.1 % |
Economic value added (EVA) | 26.51 | 19.40 | 27.54 | -35.93 | -6.18 |
Solvency | |||||
Equity ratio | 39.3 % | 49.2 % | 65.9 % | 14.4 % | 23.5 % |
Gearing | 10.6 % | 401.5 % | |||
Relative net indebtedness % | -12.8 % | ||||
Liquidity | |||||
Quick ratio | 1.6 | 2.0 | 2.9 | 1.2 | 1.3 |
Current ratio | 1.6 | 2.0 | 2.9 | 1.2 | 1.3 |
Cash and cash equivalents | 48.51 | 89.22 | 66.44 | 74.80 | 0.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 120.1 | ||||
Net working capital % | 45.7 % | ||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | BB |
Variable visualization
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