WH ASSET MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WH ASSET MANAGEMENT ApS
WH ASSET MANAGEMENT ApS (CVR number: 35860940) is a company from HØRSHOLM. The company recorded a gross profit of 96.2 kDKK in 2023. The operating profit was -49.1 kDKK, while net earnings were 58.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor but Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. WH ASSET MANAGEMENT ApS's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 197.62 | 621.27 | 514.53 | -97.89 | 96.21 |
EBIT | 836.53 | 495.40 | 193.04 | - 679.22 | -49.13 |
Net earnings | 652.37 | 384.16 | 148.63 | - 679.45 | 58.94 |
Shareholders equity total | 1 152.37 | 884.16 | 648.63 | - 179.45 | 139.11 |
Balance sheet total (assets) | 1 562.31 | 1 828.18 | 962.15 | 111.13 | 227.66 |
Net debt | 170.92 | 817.61 | 187.38 | 240.16 | 24.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 68.6 % | 29.2 % | 13.8 % | -108.4 % | -19.0 % |
ROE | 67.9 % | 37.7 % | 19.4 % | -178.9 % | 47.1 % |
ROI | 79.1 % | 32.5 % | 15.0 % | -116.7 % | -19.0 % |
Economic value added (EVA) | 614.49 | 327.54 | 106.04 | - 703.41 | -23.33 |
Solvency | |||||
Equity ratio | 73.8 % | 48.4 % | 67.4 % | -61.8 % | 61.1 % |
Gearing | 16.8 % | 92.6 % | 34.7 % | -161.9 % | 63.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 1.9 | 3.0 | 0.3 | 2.3 |
Current ratio | 3.8 | 1.9 | 3.0 | 0.3 | 2.3 |
Cash and cash equivalents | 22.69 | 0.88 | 37.62 | 50.42 | 63.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | C | BB |
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