Credit rating
Company information
About WIREFREE SERVICES DENMARK A/S
WIREFREE SERVICES DENMARK A/S (CVR number: 20673346) is a company from GENTOFTE. The company recorded a gross profit of 0 kEUR in 2023. The operating profit was -118.6 kEUR, while net earnings were 333.4 kEUR. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 93.2 %, 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 115.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -66.94 | -76.58 | -60.91 | - 130.21 | - 118.64 |
Net earnings | - 219.14 | - 128.68 | - 167.39 | - 171.94 | 333.40 |
Shareholders equity total | 12 263.67 | 12 134.99 | 11 967.60 | 11 795.66 | 12 129.06 |
Balance sheet total (assets) | 13 007.02 | 12 870.66 | 12 756.80 | 12 594.61 | 13 015.86 |
Net debt | -21.16 | -47.81 | -13.22 | -14.16 | -34.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | -0.6 % | -0.5 % | -0.6 % | 2.5 % |
ROE | -1.8 % | -1.1 % | -1.4 % | -1.4 % | 2.8 % |
ROI | -1.2 % | -0.6 % | -0.5 % | -0.7 % | 2.5 % |
Economic value added (EVA) | - 699.51 | - 689.14 | - 650.63 | - 782.94 | - 720.52 |
Solvency | |||||
Equity ratio | 94.3 % | 94.3 % | 93.8 % | 93.7 % | 93.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 17.5 | 17.5 | 16.2 | 133.7 | 115.1 |
Current ratio | 17.5 | 17.5 | 16.2 | 133.7 | 115.1 |
Cash and cash equivalents | 21.16 | 47.81 | 13.22 | 14.16 | 34.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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