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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 423.5 kDKK in 2024. The operating profit was 148.3 kDKK, while net earnings were -9.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, 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 47.9 %, 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 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 315.15 | 679.43 | 283.49 | 377.01 | 423.46 |
| EBIT | 77.97 | 461.99 | 61.41 | 101.82 | 148.27 |
| Net earnings | 29.10 | 287.29 | -10.69 | -78.23 | -9.64 |
| Shareholders equity total | 4 066.22 | 3 753.51 | 3 742.82 | 3 664.59 | 3 654.95 |
| Balance sheet total (assets) | 7 448.53 | 7 098.85 | 8 547.40 | 8 298.81 | 7 632.74 |
| Net debt | 1 532.72 | 1 020.37 | 2 289.64 | 2 424.00 | 2 090.66 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.0 % | 6.4 % | 0.8 % | 1.2 % | 1.9 % |
| ROE | 0.7 % | 7.3 % | -0.3 % | -2.1 % | -0.3 % |
| ROI | 1.1 % | 6.5 % | 0.8 % | 1.2 % | 1.9 % |
| Economic value added (EVA) | - 310.63 | -30.86 | - 302.27 | - 339.41 | - 299.38 |
| Solvency | |||||
| Equity ratio | 54.6 % | 52.9 % | 43.8 % | 44.2 % | 47.9 % |
| Gearing | 48.9 % | 51.9 % | 90.3 % | 92.4 % | 72.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.0 | 1.3 | 1.1 | 1.6 |
| Current ratio | 0.8 | 1.0 | 1.3 | 1.1 | 1.6 |
| Cash and cash equivalents | 457.25 | 928.13 | 1 090.37 | 963.30 | 567.09 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | A |
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