WERNITZ ApS — Credit Rating and Financial Key Figures

CVR number: 28848269
Østergårdsvej 5, 8870 Langå

Credit rating

Company information

Official name
WERNITZ ApS
Established
2005
Company form
Private limited company
Industry
  • Expand more icon642120

About WERNITZ ApS

WERNITZ ApS (CVR number: 28848269) is a company from FAVRSKOV. The company reported a net sales of 0.2 mDKK in 2023. The operating profit percentage was at 100 % (EBIT: 0.2 mDKK), while net earnings were 35.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 400.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WERNITZ ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales0.08250.00
Gross profit0.08-0.74250.00
EBIT0.08-0.74250.00
Net earnings- 178.42- 199.86- 162.26- 182.3235.42
Shareholders equity total-3 349.96-3 549.81-3 712.07-3 894.39-3 858.97
Balance sheet total (assets)239.6312.7010.299.648.06
Net debt3 528.923 549.813 712.073 894.393 843.64
Profitability
EBIT-%100.0 %100.0 %
ROA0.2 %0.1 %0.0 %0.0 %6.4 %
ROE-21.9 %-158.4 %-1411.6 %-1829.9 %400.3 %
ROI0.2 %0.1 %0.0 %0.0 %6.4 %
Economic value added (EVA)-66.45-58.58-50.20-42.17216.96
Solvency
Equity ratio-93.3 %-99.6 %-99.7 %-99.8 %-99.8 %
Gearing-107.2 %-100.4 %-100.3 %-100.2 %-99.8 %
Relative net indebtedness %4466983.5 %1543.6 %
Liquidity
Quick ratio0.10.00.00.00.0
Current ratio0.10.00.00.00.0
Cash and cash equivalents60.6712.7010.299.648.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4309075.9 %-1546.7 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:6.43%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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