WIREFREE SERVICES DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 20673346
Indiakaj 10, 2100 København Ø

Credit rating

Company information

Official name
WIREFREE SERVICES DENMARK A/S
Established
1997
Company form
Limited company
Industry
  • Expand more icon642130

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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2020
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- 171.94333.40877.45
Shareholders equity total12 134.9911 967.6011 795.6612 129.0613 006.51
Balance sheet total (assets)12 870.6612 756.8012 594.6113 115.2913 503.60
Net debt-47.81-13.22-14.1664.56280.09
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 ratio94.3 %93.8 %93.7 %92.5 %96.3 %
Gearing0.8 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio17.516.2133.761.727.2
Current ratio17.516.2133.761.727.2
Cash and cash equivalents47.8113.2214.1634.8795.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.80%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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