WIREFREE SERVICES DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WIREFREE SERVICES DENMARK A/S
WIREFREE SERVICES DENMARK A/S (CVR number: 20673346) is a company from KØBENHAVN. The company recorded a gross profit of 0 kEUR in 2024. The operating profit was -130.8 kEUR, while net earnings were 877.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WIREFREE SERVICES DENMARK A/S's liquidity measured by quick ratio was 27.2 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 financialsGross profit (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -76.58 | -60.91 | - 130.21 | - 118.64 | - 130.82 |
Net earnings | - 128.68 | - 167.39 | - 171.94 | 333.40 | 877.45 |
Shareholders equity total | 12 134.99 | 11 967.60 | 11 795.66 | 12 129.06 | 13 006.51 |
Balance sheet total (assets) | 12 870.66 | 12 756.80 | 12 594.61 | 13 115.29 | 13 503.60 |
Net debt | -47.81 | -13.22 | -14.16 | 64.56 | 280.09 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.6 % | -0.5 % | -0.6 % | 2.4 % | 2.8 % |
ROE | -1.1 % | -1.4 % | -1.4 % | 2.8 % | 7.0 % |
ROI | -0.6 % | -0.5 % | -0.7 % | 2.5 % | 2.8 % |
Economic value added (EVA) | - 689.14 | - 650.63 | - 782.94 | - 720.52 | - 700.62 |
Solvency | |||||
Equity ratio | 94.3 % | 93.8 % | 93.7 % | 92.5 % | 96.3 % |
Gearing | 0.8 % | 2.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.5 | 16.2 | 133.7 | 61.7 | 27.2 |
Current ratio | 17.5 | 16.2 | 133.7 | 61.7 | 27.2 |
Cash and cash equivalents | 47.81 | 13.22 | 14.16 | 34.87 | 95.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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