Washpower A/S

CVR number: 37808172
Elmevej 8, Glyngøre 7870 Roslev

Credit rating

Company information

Official name
Washpower A/S
Personnel
47 persons
Established
2016
Domicile
Glyngøre
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Washpower A/S

Washpower A/S (CVR number: 37808172) is a company from SKIVE. The company recorded a gross profit of 37.2 mDKK in 2023. The operating profit was 11.1 mDKK, while net earnings were 8269 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.8 %, which can be considered excellent and Return on Equity (ROE) was 43.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. Washpower A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit12 883.7424 037.7427 255.3734 465.7937 230.20
EBIT8 699.526 773.037 163.2711 448.1911 059.22
Net earnings6 799.655 474.975 579.108 700.838 268.96
Shareholders equity total6 584.849 033.4011 612.5017 313.3320 581.85
Balance sheet total (assets)11 643.9225 930.2025 495.1726 187.0733 715.68
Net debt1 235.061 236.357 309.42- 307.122 214.98
Profitability
EBIT-%
ROA95.1 %36.6 %27.9 %44.9 %36.8 %
ROE143.6 %70.1 %54.0 %60.2 %43.6 %
ROI150.7 %73.7 %47.2 %61.7 %53.1 %
Economic value added (EVA)6 760.025 085.295 251.578 340.597 691.17
Solvency
Equity ratio58.5 %35.7 %45.8 %66.1 %61.0 %
Gearing18.8 %13.7 %62.9 %3.2 %13.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.30.70.71.31.2
Current ratio3.61.61.93.02.3
Cash and cash equivalents855.84460.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:36.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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