Credit rating
Company information
About Worsan ApS
Worsan ApS (CVR number: 36980583) is a company from ODENSE. The company recorded a gross profit of -6.1 kDKK in 2023. The operating profit was -6.1 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. Worsan ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.30 | 42.71 | -9.32 | -1.60 | -6.07 |
EBIT | -6.30 | -45.04 | -9.32 | -1.60 | -6.07 |
Net earnings | -5.02 | -35.90 | -7.58 | -1.88 | -4.80 |
Shareholders equity total | 63.04 | 27.14 | 19.57 | 17.69 | 12.89 |
Balance sheet total (assets) | 287.10 | 282.33 | 136.01 | 190.25 | 34.11 |
Net debt | -78.80 | -64.22 | -85.09 | - 152.18 | -21.95 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.2 % | -15.8 % | -4.5 % | -1.0 % | -5.4 % |
ROE | -7.7 % | -79.6 % | -32.4 % | -10.1 % | -31.4 % |
ROI | -9.6 % | -99.9 % | -39.9 % | -8.6 % | -29.3 % |
Economic value added (EVA) | -5.39 | -34.34 | -5.41 | 1.69 | 2.03 |
Solvency | |||||
Equity ratio | 22.0 % | 9.6 % | 14.4 % | 9.3 % | 37.8 % |
Gearing | 83.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.1 | 1.2 | 1.1 | 1.6 |
Current ratio | 1.3 | 1.1 | 1.2 | 1.1 | 1.6 |
Cash and cash equivalents | 78.80 | 64.22 | 85.09 | 152.18 | 32.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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