Waffle Barons ApS — Credit Rating and Financial Key Figures

CVR number: 39670038
Hedemølle Erhvervsvej 25, 8850 Bjerringbro
mail@vaffelbaronerne.dk
tel: 71749005
www.wafflebarons.com

Credit rating

Company information

Official name
Waffle Barons ApS
Personnel
5 persons
Established
2018
Company form
Private limited company
Industry

About Waffle Barons ApS

Waffle Barons ApS (CVR number: 39670038) is a company from VIBORG. The company recorded a gross profit of 1783.7 kDKK in 2024. The operating profit was 306.8 kDKK, while net earnings were 132.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 34 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Waffle Barons ApS's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit595.981 541.512 084.162 079.721 783.69
EBIT136.68283.32375.17- 418.08306.77
Net earnings75.97181.73243.32- 408.51132.44
Shareholders equity total116.74298.47731.79323.28455.73
Balance sheet total (assets)991.091 531.273 898.083 052.382 732.14
Net debt276.22496.461 280.551 050.00987.80
Profitability
EBIT-%
ROA19.5 %22.6 %14.6 %-11.8 %10.9 %
ROE96.5 %87.5 %47.2 %-77.4 %34.0 %
ROI31.4 %39.7 %27.0 %-23.9 %22.2 %
Economic value added (EVA)98.20202.99268.26- 361.33223.24
Solvency
Equity ratio11.8 %19.5 %18.8 %10.6 %16.7 %
Gearing258.8 %183.4 %178.9 %328.1 %220.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.30.3
Current ratio0.80.81.00.80.7
Cash and cash equivalents25.8951.0728.9810.5819.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.7%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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