Wired Relations ApS — Credit Rating and Financial Key Figures

CVR number: 38970585
Nannasgade 28, 2200 København N
https://wiredrelations.com

Credit rating

Company information

Official name
Wired Relations ApS
Personnel
23 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon58Publishing activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit- 223.83402.274 346.6612 577.7317 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- 225.07255.95-4 615.76- 354.58-4 140.17
Balance sheet total (assets)1 358.507 128.4612 234.6620 314.9625 709.75
Net debt241.952 476.013 488.291 840.5410 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 ratio1.81.30.60.80.7
Current ratio1.81.30.60.80.7
Cash and cash equivalents710.60556.483 732.188 319.177 596.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-8.38%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Board member
Chairman of the board

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