WIKA GROUP A/S PRODUCTION & DESIGN — Credit Rating and Financial Key Figures

CVR number: 75112017
Adelvej 18, 8240 Risskov
tel: 86511122

Credit rating

Company information

Official name
WIKA GROUP A/S PRODUCTION & DESIGN
Personnel
1 person
Established
1984
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About WIKA GROUP A/S PRODUCTION & DESIGN

WIKA GROUP A/S PRODUCTION & DESIGN (CVR number: 75112017) is a company from AARHUS. The company recorded a gross profit of 103.7 kDKK in 2022. The operating profit was 103.7 kDKK, while net earnings were 201 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. WIKA GROUP A/S PRODUCTION & DESIGN's liquidity measured by quick ratio was 2.5 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit686.52437.581 558.9319.32103.71
EBIT- 330.31- 448.461 224.77-2.76103.71
Net earnings- 133.25- 202.801 649.1316 513.43201.03
Shareholders equity total8 939.778 736.9810 386.1026 899.5412 100.57
Balance sheet total (assets)16 616.7317 326.8619 669.3536 864.0020 072.30
Net debt7 061.427 847.188 066.058 406.96-12 803.91
Profitability
EBIT-%
ROA0.7 %0.3 %10.5 %59.8 %1.2 %
ROE-1.5 %-2.3 %17.2 %88.6 %1.0 %
ROI0.7 %0.3 %10.9 %61.5 %1.2 %
Economic value added (EVA)-41.69-99.691 673.29355.001 448.58
Solvency
Equity ratio53.8 %50.4 %52.8 %73.0 %60.3 %
Gearing79.0 %89.8 %81.9 %33.9 %59.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.01.02.5
Current ratio0.90.91.01.02.5
Cash and cash equivalents436.54713.2119 991.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:1.16%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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