WINDAR PHOTONICS A/S

CVR number: 32157688
Helgeshøj Alle 16-18, Høje Taastrup 2630 Taastrup

Credit rating

Company information

Official name
WINDAR PHOTONICS A/S
Personnel
20 persons
Established
2008
Domicile
Høje Taastrup
Company form
Limited company
Industry
  • Expand more icon72Scientific research and development

About WINDAR PHOTONICS A/S

WINDAR PHOTONICS A/S (CVR number: 32157688) is a company from Høje-Taastrup. The company recorded a gross profit of 8945 kDKK in 2023. The operating profit was 49 kDKK, while net earnings were -4322.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -48.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WINDAR PHOTONICS A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-2 923.002 547.00354.002 898.008 945.03
EBIT-14 719.00-7 829.00-7 872.00-5 451.0049.00
Net earnings-20 379.00-8 118.00-7 966.00-2 624.00-4 322.94
Shareholders equity total3 884.001 266.00-3 600.0011 037.006 713.82
Balance sheet total (assets)24 818.0020 504.0018 306.0021 899.0021 710.90
Net debt-4 128.00- 453.00355.00-2 025.005 084.58
Profitability
EBIT-%
ROA-47.6 %-34.5 %-35.7 %-13.5 %0.5 %
ROE-260.5 %-315.3 %-81.4 %-17.9 %-48.7 %
ROI-106.4 %-146.9 %-299.2 %-39.5 %0.8 %
Economic value added (EVA)-12 423.20-5 166.16-5 222.63-1 932.05825.81
Solvency
Equity ratio15.6 %6.2 %-16.4 %50.4 %30.9 %
Gearing9.7 %4.3 %-18.3 %3.7 %87.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.20.40.90.3
Current ratio0.92.20.91.50.7
Cash and cash equivalents4 504.00507.00302.002 428.00754.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBB

Variable visualization

ROA:0.49%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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