We Power A/S

CVR number: 49887817
Frederiksværkvej 24, 3600 Frederikssund
aoz@wepower.dk
tel: 51842938

Credit rating

Company information

Official name
We Power A/S
Personnel
1 person
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About We Power A/S

We Power A/S (CVR number: 49887817) is a company from FREDERIKSSUND. The company recorded a gross profit of -263.6 kDKK in 2023. The operating profit was -926 kDKK, while net earnings were -789.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -87.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.6 %, 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. We Power A/S's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit6 207.436 884.5516 025.03194.52- 263.60
EBIT740.51611.237 959.13-1 811.81- 926.00
Net earnings414.87360.506 085.47-1 484.42- 789.09
Shareholders equity total3 838.784 199.2810 284.751 300.34511.25
Balance sheet total (assets)17 801.3718 878.8626 873.417 010.516 683.88
Net debt6 919.837 009.69-1 794.164 533.075 406.75
Profitability
EBIT-%
ROA4.3 %3.8 %35.1 %-10.4 %-13.4 %
ROE10.7 %9.0 %84.0 %-25.6 %-87.1 %
ROI6.6 %5.9 %61.7 %-16.9 %-13.8 %
Economic value added (EVA)292.28207.605 892.89-1 768.42- 847.52
Solvency
Equity ratio21.6 %22.2 %38.3 %18.5 %7.6 %
Gearing180.4 %167.0 %32.9 %368.8 %1082.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.51.60.40.2
Current ratio1.11.11.60.40.2
Cash and cash equivalents4.983.205 177.63262.29126.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBB

Variable visualization

ROA:-13.4%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.65%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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