WHITE HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 31284910
Strandvejen 257, 2920 Charlottenlund

Credit rating

Company information

Official name
WHITE HOLDING A/S
Established
2008
Company form
Limited company
Industry

About WHITE HOLDING A/S

WHITE HOLDING A/S (CVR number: 31284910K) is a company from GENTOFTE. The company recorded a gross profit of -4073.2 kDKK in 2022. The operating profit was -7408.4 kDKK, while net earnings were -14.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -11.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WHITE HOLDING A/S's liquidity measured by quick ratio was 12.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit5 328.092 956.4182 621.9829 022.23-4 073.19
EBIT-2 533.07-4 177.9374 294.1328 729.11-7 408.36
Net earnings-3 115.01- 972.0356 148.5622 784.93-14 184.91
Shareholders equity total66 522.6066 061.01122 518.17145 303.10130 118.19
Balance sheet total (assets)93 292.6186 691.59198 068.94162 475.91134 952.43
Net debt-13 178.12-21 927.25-74 505.37-55 377.48-50 829.53
Profitability
EBIT-%
ROA-2.5 %0.4 %52.2 %17.3 %-4.7 %
ROE-4.6 %-1.5 %61.2 %18.2 %-11.3 %
ROI-2.9 %0.4 %67.5 %21.0 %-4.8 %
Economic value added (EVA)-5 566.17-8 147.9753 710.9315 284.38-15 340.05
Solvency
Equity ratio71.3 %76.2 %61.9 %89.4 %96.4 %
Gearing25.4 %24.3 %12.6 %9.1 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.413.32.128.312.7
Current ratio7.216.02.728.913.6
Cash and cash equivalents30 107.4038 004.0089 953.0668 565.8852 421.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:-4.68%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.4%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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