Slagter Worthmanns Eftf. A/S — Credit Rating and Financial Key Figures

CVR number: 41480815
Oslovej 2, 6230 Rødekro

Credit rating

Company information

Official name
Slagter Worthmanns Eftf. A/S
Personnel
6 persons
Established
2020
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Slagter Worthmanns Eftf. A/S

Slagter Worthmanns Eftf. A/S (CVR number: 41480815) is a company from AABENRAA. The company recorded a gross profit of 1356.7 kDKK in 2023. The operating profit was -846.4 kDKK, while net earnings were -1265.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.4 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Slagter Worthmanns Eftf. A/S's liquidity measured by quick ratio was 0.1 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
2021
2022
2023
Volume
Net sales
Gross profit2 171.00828.001 356.73
EBIT-1 123.00-1 475.00- 846.45
Net earnings-1 411.00-1 668.00-1 265.60
Shareholders equity total-1 011.00- 579.00-1 844.63
Balance sheet total (assets)6 578.006 495.005 974.38
Net debt7 031.006 393.007 112.74
Profitability
EBIT-%
ROA-14.8 %-20.1 %-11.4 %
ROE-21.5 %-25.5 %-20.3 %
ROI-16.0 %-22.0 %-12.5 %
Economic value added (EVA)-1 097.34-1 585.62- 918.86
Solvency
Equity ratio-13.3 %-8.2 %-23.6 %
Gearing-696.1 %-1105.4 %-386.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.1
Current ratio0.30.30.2
Cash and cash equivalents7.007.0017.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-11.4%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-23.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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