WERTHS EL ApS — Credit Rating and Financial Key Figures

CVR number: 28302398
Gisselørevej 2, 4400 Kalundborg

Credit rating

Company information

Official name
WERTHS EL ApS
Personnel
18 persons
Established
2004
Company form
Private limited company
Industry

About WERTHS EL ApS

WERTHS EL ApS (CVR number: 28302398) is a company from KALUNDBORG. The company recorded a gross profit of 8356.5 kDKK in 2023. The operating profit was 198.5 kDKK, while net earnings were 159.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WERTHS EL ApS's liquidity measured by quick ratio was 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 590.108 590.119 161.769 495.708 356.50
EBIT1 613.641 683.301 068.111 492.36198.52
Net earnings1 291.711 329.39813.601 114.24159.67
Shareholders equity total2 385.982 214.371 624.762 739.002 276.67
Balance sheet total (assets)5 624.025 759.855 198.645 974.165 141.90
Net debt-1 579.70- 655.91- 729.27- 502.85- 130.16
Profitability
EBIT-%
ROA38.9 %30.3 %19.8 %27.0 %4.2 %
ROE74.2 %57.8 %42.4 %51.1 %6.4 %
ROI83.2 %63.3 %39.8 %46.9 %6.9 %
Economic value added (EVA)1 232.701 272.39754.661 121.3264.03
Solvency
Equity ratio43.4 %40.8 %31.3 %46.4 %44.3 %
Gearing44.0 %15.7 %19.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.41.72.42.0
Current ratio2.32.21.82.52.2
Cash and cash equivalents1 579.70655.911 443.48933.10580.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:4.25%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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