WHITE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 328.09 | 2 956.41 | 82 621.98 | 29 022.23 | -4 073.19 |
EBIT | -2 533.07 | -4 177.93 | 74 294.13 | 28 729.11 | -7 408.36 |
Net earnings | -3 115.01 | - 972.03 | 56 148.56 | 22 784.93 | -14 184.91 |
Shareholders equity total | 66 522.60 | 66 061.01 | 122 518.17 | 145 303.10 | 130 118.19 |
Balance sheet total (assets) | 93 292.61 | 86 691.59 | 198 068.94 | 162 475.91 | 134 952.43 |
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 | -8 147.97 | 53 710.93 | 15 284.38 | -15 340.05 |
Solvency | |||||
Equity ratio | 71.3 % | 76.2 % | 61.9 % | 89.4 % | 96.4 % |
Gearing | 25.4 % | 24.3 % | 12.6 % | 9.1 % | 1.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.4 | 13.3 | 2.1 | 28.3 | 12.7 |
Current ratio | 7.2 | 16.0 | 2.7 | 28.9 | 13.6 |
Cash and cash equivalents | 30 107.40 | 38 004.00 | 89 953.06 | 68 565.88 | 52 421.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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