WH ASSET MANAGEMENT ApS — Credit Rating and Financial Key Figures

CVR number: 35860940
Spættevej 15, 2970 Hørsholm
allan@winkelhansen.dk
tel: 21758887
www.wh-assetmanagement.dk

Credit rating

Company information

Official name
WH ASSET MANAGEMENT ApS
Personnel
2 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon702000

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 197.62621.27514.53-97.8996.21
EBIT836.53495.40193.04- 679.22-49.13
Net earnings652.37384.16148.63- 679.4558.94
Shareholders equity total1 152.37884.16648.63- 179.45139.11
Balance sheet total (assets)1 562.311 828.18962.15111.13227.66
Net debt170.92817.61187.38240.1624.85
Profitability
EBIT-%
ROA68.6 %29.2 %13.8 %-108.4 %-19.0 %
ROE67.9 %37.7 %19.4 %-178.9 %47.1 %
ROI79.1 %32.5 %15.0 %-116.7 %-19.0 %
Economic value added (EVA)614.49327.54106.04- 703.41-23.33
Solvency
Equity ratio73.8 %48.4 %67.4 %-61.8 %61.1 %
Gearing16.8 %92.6 %34.7 %-161.9 %63.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.81.93.00.32.3
Current ratio3.81.93.00.32.3
Cash and cash equivalents22.690.8837.6250.4263.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBCBB

Variable visualization

ROA:-19.0%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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