WIDEX CHINA HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 21244996
Nymøllevej 6, 3540 Lynge
tel: 44355601

Company information

Official name
WIDEX CHINA HOLDING A/S
Established
1998
Company form
Limited company
Industry

About WIDEX CHINA HOLDING A/S

WIDEX CHINA HOLDING A/S (CVR number: 21244996) is a company from ALLERØD. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WIDEX CHINA HOLDING A/S's liquidity measured by quick ratio was 0 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
2016
2017
Volume
Net sales
Gross profit-19.60
EBIT-19.60
Net earnings- 872.21
Shareholders equity total3 440.96
Balance sheet total (assets)5 046.08
Net debt1 577.80
Profitability
EBIT-%
ROA-17.5 %
ROE-25.3 %
ROI-17.5 %
Economic value added (EVA)-13.92178.45
Solvency
Equity ratio68.2 %
Gearing46.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.0
Current ratio0.0
Cash and cash equivalents12.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

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