Wired Relations ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Wired Relations ApS
Wired Relations ApS (CVR number: 38970585) is a company from KØBENHAVN. The company recorded a gross profit of 17.1 mDKK in 2023. The operating profit was -2117.6 kDKK, while net earnings were -3785.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.4 %, which can be considered poor and Return on Equity (ROE) was -16.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -13.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Wired Relations ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 223.83 | 402.27 | 4 346.66 | 12 577.73 | 17 101.20 |
EBIT | - 494.22 | -4 452.76 | -10 578.90 | -4 239.93 | -2 117.58 |
Net earnings | - 513.28 | -4 518.98 | -10 981.73 | -4 939.26 | -3 785.59 |
Shareholders equity total | - 225.07 | 255.95 | -4 615.76 | - 354.58 | -4 140.17 |
Balance sheet total (assets) | 1 358.50 | 7 128.46 | 12 234.66 | 20 314.96 | 25 709.75 |
Net debt | 241.95 | 2 476.01 | 3 488.29 | 1 840.54 | 10 657.01 |
Profitability | |||||
EBIT-% | |||||
ROA | -60.5 % | -102.2 % | -88.2 % | -22.6 % | -8.4 % |
ROE | -75.0 % | -559.8 % | -175.8 % | -30.3 % | -16.5 % |
ROI | -95.2 % | -206.3 % | -201.3 % | -48.8 % | -14.9 % |
Economic value added (EVA) | - 491.52 | -4 332.66 | -10 268.41 | -3 353.35 | - 681.50 |
Solvency | |||||
Equity ratio | -14.2 % | 3.6 % | -27.4 % | -1.7 % | -13.9 % |
Gearing | -423.2 % | 1184.8 % | -156.4 % | -2865.3 % | -440.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.3 | 0.6 | 0.8 | 0.7 |
Current ratio | 1.8 | 1.3 | 0.6 | 0.8 | 0.7 |
Cash and cash equivalents | 710.60 | 556.48 | 3 732.18 | 8 319.17 | 7 596.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BBB | BBB |
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