K/S WELLINGBOROUGH — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S WELLINGBOROUGH
K/S WELLINGBOROUGH (CVR number: 28293941) is a company from HØRSHOLM. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -75.8 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 0 mDKK), while net earnings were -224.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S WELLINGBOROUGH's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 698.00 | 2 678.65 | 2 744.14 | 2 781.63 | 673.18 |
Gross profit | 2 698.00 | 2 678.65 | 2 744.14 | 2 781.63 | 673.18 |
EBIT | 2 377.88 | 2 397.24 | 2 470.81 | 2 511.22 | 24.49 |
Net earnings | -8 048.56 | 253.30 | 1 793.78 | -3 859.06 | - 224.12 |
Shareholders equity total | 9 244.86 | 9 498.16 | 11 291.95 | 7 432.89 | -41.23 |
Balance sheet total (assets) | 41 043.48 | 37 398.16 | 39 890.73 | 32 334.72 | 125.11 |
Net debt | 28 064.18 | 26 749.99 | 23 640.53 | 20 628.41 | - 125.11 |
Profitability | |||||
EBIT-% | 88.1 % | 89.5 % | 90.0 % | 90.3 % | 3.6 % |
ROA | 5.8 % | 10.0 % | 6.8 % | 10.3 % | 0.9 % |
ROE | -78.0 % | 2.7 % | 17.3 % | -41.2 % | -5.9 % |
ROI | 6.1 % | 10.3 % | 7.1 % | 10.8 % | 0.9 % |
Economic value added (EVA) | - 126.51 | 320.16 | 459.44 | 571.78 | -1 570.91 |
Solvency | |||||
Equity ratio | 22.5 % | 25.4 % | 28.3 % | 23.0 % | -24.8 % |
Gearing | 327.7 % | 285.7 % | 236.5 % | 314.8 % | |
Relative net indebtedness % | 1096.0 % | 1027.1 % | 930.4 % | 795.6 % | 6.1 % |
Liquidity | |||||
Quick ratio | 1.8 | 1.6 | 1.2 | 0.9 | 0.8 |
Current ratio | 1.8 | 1.6 | 1.2 | 0.9 | 0.8 |
Cash and cash equivalents | 2 228.74 | 388.33 | 3 067.86 | 2 772.44 | 125.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 115.7 % | 74.8 % | 31.1 % | -8.6 % | -6.1 % |
Credit risk | |||||
Credit rating | A | A | AA | A | B |
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