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WHEELS2GO ApS — Credit Rating and Financial Key Figures

CVR number: 32676200
Vedbæk Strandvej 363, 2950 Vedbæk
ch@wheels.dk
tel: 70220011
Free credit report Annual report

Company information

Official name
WHEELS2GO ApS
Personnel
2 persons
Established
2010
Company form
Private limited company
Industry

About WHEELS2GO ApS

WHEELS2GO ApS (CVR number: 32676200) is a company from RUDERSDAL. The company recorded a gross profit of 526.6 kDKK in 2024. The operating profit was 242.4 kDKK, while net earnings were 189.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WHEELS2GO 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit671.75916.29637.641 022.90526.58
EBIT302.96606.59332.71745.03242.35
Net earnings217.47478.90257.04568.03189.87
Shareholders equity total1 448.421 927.322 184.362 629.691 692.56
Balance sheet total (assets)2 552.242 508.102 528.053 281.132 358.09
Net debt261.42- 534.70- 801.73-1 295.70-1 095.13
Profitability
EBIT-%
ROA11.6 %24.8 %13.2 %25.7 %8.8 %
ROE16.2 %28.4 %12.5 %23.6 %8.8 %
ROI14.5 %30.7 %15.1 %29.4 %10.7 %
Economic value added (EVA)122.02369.55151.91454.7343.77
Solvency
Equity ratio56.8 %76.8 %86.4 %80.1 %71.8 %
Gearing34.4 %10.8 %3.4 %6.6 %10.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.62.92.62.0
Current ratio2.34.37.35.03.5
Cash and cash equivalents236.58743.14875.941 470.511 273.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:8.84%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.8%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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