WENNICK ENTERPRISE A/S — Credit Rating and Financial Key Figures

CVR number: 78470615
Mariehamngade 9, 2150 Nordhavn
rbw@adslhome.dk
tel: 40157711

Company information

Official name
WENNICK ENTERPRISE A/S
Established
1985
Company form
Limited company
Industry

About WENNICK ENTERPRISE A/S

WENNICK ENTERPRISE A/S (CVR number: 78470615) is a company from KØBENHAVN. The company recorded a gross profit of 1499.5 kDKK in 2023. The operating profit was 1931.1 kDKK, while net earnings were 700.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WENNICK ENTERPRISE A/S's liquidity measured by quick ratio was 0.4 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 profit1 479.131 663.981 606.151 021.631 499.47
EBIT2 403.956 496.188 956.861 224.481 931.06
Net earnings747.665 576.999 628.18857.04700.67
Shareholders equity total14 870.0119 847.0028 975.1829 532.2229 932.89
Balance sheet total (assets)45 833.7550 828.6358 335.7458 914.0957 736.28
Net debt22 408.3421 798.4121 754.2520 154.0721 147.85
Profitability
EBIT-%
ROA5.3 %16.1 %24.1 %4.0 %3.4 %
ROE5.1 %32.1 %39.4 %2.9 %2.4 %
ROI5.4 %16.5 %24.6 %4.1 %3.5 %
Economic value added (EVA)45.513 211.974 912.03-1 561.69- 972.58
Solvency
Equity ratio32.4 %39.0 %49.7 %50.1 %51.8 %
Gearing158.4 %117.0 %79.0 %74.9 %71.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.91.00.90.4
Current ratio0.90.91.00.90.4
Cash and cash equivalents1 148.531 423.781 138.611 957.82338.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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