WANGWANG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WANGWANG ApS
WANGWANG ApS (CVR number: 34723036) is a company from HILLERØD. The company recorded a gross profit of 1215.7 kDKK in 2024. The operating profit was 48.2 kDKK, while net earnings were -45.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -3.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WANGWANG ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 595.56 | ||||
Gross profit | 2 031.38 | 1 398.06 | 871.31 | 986.70 | 1 215.73 |
EBIT | - 107.11 | 50.22 | - 315.99 | - 129.75 | 48.19 |
Net earnings | - 109.84 | 60.69 | - 247.21 | - 105.75 | -45.10 |
Shareholders equity total | 449.97 | 481.50 | 121.29 | 15.54 | -29.56 |
Balance sheet total (assets) | 1 183.29 | 1 072.88 | 746.70 | 799.95 | 816.48 |
Net debt | - 698.04 | - 552.14 | - 271.63 | - 329.45 | - 131.43 |
Profitability | |||||
EBIT-% | -3.0 % | ||||
ROA | -10.0 % | 4.5 % | -34.7 % | -16.8 % | 5.9 % |
ROE | -22.4 % | 13.0 % | -82.0 % | -154.6 % | -10.8 % |
ROI | -17.3 % | 8.3 % | -84.0 % | -176.7 % | 40.2 % |
Economic value added (EVA) | - 140.14 | 6.53 | - 278.04 | - 107.82 | 63.70 |
Solvency | |||||
Equity ratio | 38.0 % | 44.9 % | 16.2 % | 1.9 % | -3.5 % |
Gearing | 28.8 % | 30.1 % | 4.1 % | 32.2 % | -745.1 % |
Relative net indebtedness % | -2.6 % | ||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 0.7 | 0.6 | 0.5 |
Current ratio | 1.1 | 1.2 | 0.7 | 0.6 | 0.6 |
Cash and cash equivalents | 827.68 | 697.10 | 276.63 | 334.45 | 351.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2.6 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
Variable visualization
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