Wire solutions ApS — Credit Rating and Financial Key Figures

CVR number: 40209115
Nyvang 12, 6400 Sønderborg
wire-solutions@outlook.com
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Company information

Official name
Wire solutions ApS
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales58.21
Gross profit33.9717.9732.69-38.26-12.57
EBIT33.9717.9732.69-38.26-12.57
Net earnings26.5117.9725.21-35.87-9.29
Shareholders equity total26.6143.8569.0611.141.85
Balance sheet total (assets)67.6689.22104.7477.277.86
Net debt-48.51-89.22-59.14-30.09-0.12
Profitability
EBIT-%58.3 %
ROA50.2 %22.9 %33.7 %-42.0 %-29.2 %
ROE99.6 %51.0 %44.7 %-89.4 %-143.0 %
ROI127.7 %51.0 %54.4 %-57.9 %-43.1 %
Economic value added (EVA)26.5119.4027.54-35.93-6.18
Solvency
Equity ratio39.3 %49.2 %65.9 %14.4 %23.5 %
Gearing10.6 %401.5 %
Relative net indebtedness %-12.8 %
Liquidity
Quick ratio1.62.02.91.21.3
Current ratio1.62.02.91.21.3
Cash and cash equivalents48.5189.2266.4474.800.12
Capital use efficiency
Trade debtors turnover (days)120.1
Net working capital %45.7 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-29.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.5%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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