Worm Ejendomme ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Worm Ejendomme ApS
Worm Ejendomme ApS (CVR number: 39708795) is a company from MORSØ. The company recorded a gross profit of 283.5 kDKK in 2022. The operating profit was 61.4 kDKK, while net earnings were -10.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Worm Ejendomme ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 372.86 | 350.25 | 315.15 | 679.43 | 283.49 |
EBIT | 135.68 | 113.07 | 77.97 | 461.99 | 61.41 |
Net earnings | 69.72 | 57.62 | 29.10 | 287.29 | -10.69 |
Shareholders equity total | 4 579.49 | 4 237.11 | 4 066.22 | 3 753.51 | 3 742.82 |
Balance sheet total (assets) | 8 029.23 | 7 495.13 | 7 448.53 | 7 098.85 | 8 547.40 |
Net debt | 1 570.35 | 1 665.03 | 1 532.72 | 1 020.37 | 2 289.64 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | 1.5 % | 1.0 % | 6.4 % | 0.8 % |
ROE | 1.4 % | 1.3 % | 0.7 % | 7.3 % | -0.3 % |
ROI | 1.6 % | 1.5 % | 1.1 % | 6.5 % | 0.8 % |
Economic value added (EVA) | - 280.94 | - 210.32 | - 227.26 | 72.70 | - 158.24 |
Solvency | |||||
Equity ratio | 57.0 % | 56.5 % | 54.6 % | 52.9 % | 43.8 % |
Gearing | 46.6 % | 45.6 % | 48.9 % | 51.9 % | 90.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.0 | 0.8 | 1.0 | 1.3 |
Current ratio | 1.9 | 1.0 | 0.8 | 1.0 | 1.3 |
Cash and cash equivalents | 563.59 | 266.67 | 457.25 | 928.13 | 1 090.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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