Wella Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Wella Denmark ApS
Wella Denmark ApS (CVR number: 37293407) is a company from BRØNDBY. The company reported a net sales of 63.7 mDKK in 2023, demonstrating a decline of -9.9 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 0.9 mDKK), while net earnings were 808.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 27 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Wella Denmark ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 69.78 | 87.17 | 70.72 | 63.74 | |
Gross profit | 17.50 | 33.56 | 33.93 | 29.89 | 27.07 |
EBIT | 1.42 | 0.56 | 0.92 | 1.12 | 0.93 |
Net earnings | 1.00 | 0.28 | 0.68 | 0.81 | 0.81 |
Shareholders equity total | 7.17 | 1.10 | 1.78 | 2.59 | 3.40 |
Balance sheet total (assets) | 18.12 | 35.60 | 13.37 | 12.27 | 15.03 |
Net debt | -4.35 | -2.68 | -2.32 | 0.49 | 0.46 |
Profitability | |||||
EBIT-% | 0.8 % | 1.1 % | 1.6 % | 1.5 % | |
ROA | 7.5 % | 2.5 % | 4.1 % | 10.2 % | 7.6 % |
ROE | 15.0 % | 6.8 % | 46.9 % | 37.0 % | 27.0 % |
ROI | 14.7 % | 4.2 % | 7.2 % | 32.9 % | 16.6 % |
Economic value added (EVA) | 0.85 | 0.25 | 2.01 | 0.86 | 0.64 |
Solvency | |||||
Equity ratio | 39.6 % | 3.1 % | 13.3 % | 21.1 % | 22.6 % |
Gearing | 2130.7 % | 110.2 % | 62.2 % | 144.7 % | |
Relative net indebtedness % | 11.9 % | 8.4 % | 12.1 % | 11.3 % | |
Liquidity | |||||
Quick ratio | 1.5 | 1.0 | 1.1 | 1.1 | 1.2 |
Current ratio | 1.5 | 1.0 | 1.1 | 1.1 | 1.2 |
Cash and cash equivalents | 4.35 | 26.18 | 4.28 | 1.12 | 4.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.2 | 31.6 | 41.9 | 39.9 | |
Net working capital % | 0.5 % | 1.3 % | 1.4 % | 3.0 % | |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | A |
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