Wenbo A/S — Credit Rating and Financial Key Figures

CVR number: 25271793
P Nørkjærs Plads 5, 9800 Hjørring
gk@wenbo.dk
tel: 96236009

Credit rating

Company information

Official name
Wenbo A/S
Personnel
7 persons
Established
2000
Company form
Limited company
Industry

About Wenbo A/S

Wenbo A/S (CVR number: 25271793) is a company from HJØRRING. The company recorded a gross profit of 1914.5 kDKK in 2023. The operating profit was -4095.4 kDKK, while net earnings were -2548.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Wenbo 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 144.003 186.697 373.787 222.591 914.47
EBIT- 851.00-1 751.788 818.352 610.09-4 095.42
Net earnings2 331.00252.3011 818.553 592.54-2 548.12
Shareholders equity total42 023.0042 275.6053 644.1461 175.1262 793.93
Balance sheet total (assets)80 913.0081 670.5085 548.2287 726.7198 520.62
Net debt31 172.0032 020.7423 644.1916 830.8324 792.51
Profitability
EBIT-%
ROA4.9 %0.7 %17.2 %5.5 %-2.5 %
ROE5.7 %0.6 %24.6 %6.3 %-4.1 %
ROI5.0 %0.7 %17.3 %5.6 %-2.6 %
Economic value added (EVA)-1 504.29-1 985.756 334.702 066.11-3 704.15
Solvency
Equity ratio51.9 %51.8 %62.7 %69.7 %63.7 %
Gearing77.0 %79.2 %45.1 %28.2 %39.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.30.20.2
Current ratio0.40.40.30.20.2
Cash and cash equivalents1 169.001 468.57531.42411.80164.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-2.50%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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