WPP HOLDING DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WPP HOLDING DENMARK A/S
WPP HOLDING DENMARK A/S (CVR number: 56873619) is a company from KØBENHAVN. The company recorded a gross profit of -891 kDKK in 2023. The operating profit was -891 kDKK, while net earnings were 46.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 29 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, 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. WPP HOLDING DENMARK 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 20 468.00 | 22 715.00 | |||
Gross profit | 19 117.00 | 22 532.00 | -1 099.00 | 567.00 | - 891.00 |
EBIT | 18 560.00 | 21 741.00 | -1 958.00 | -1 042.00 | - 891.00 |
Net earnings | 18 684.00 | 21 667.00 | 40 875.00 | 33 517.00 | 46 836.00 |
Shareholders equity total | 45 996.00 | 63 665.00 | 104 541.00 | 138 058.00 | 184 894.00 |
Balance sheet total (assets) | 367 395.00 | 645 944.00 | 753 542.00 | 243 249.00 | 247 795.00 |
Net debt | 131 586.00 | 576 018.00 | 607 498.00 | 100 278.00 | 51 717.00 |
Profitability | |||||
EBIT-% | 90.7 % | 95.7 % | |||
ROA | 4.7 % | 4.4 % | 6.0 % | 7.0 % | 20.0 % |
ROE | 51.0 % | 39.5 % | 48.6 % | 27.6 % | 29.0 % |
ROI | 4.7 % | 4.4 % | 6.0 % | 7.1 % | 20.6 % |
Economic value added (EVA) | 40 767.16 | 39 815.93 | 8 207.95 | 12 170.86 | 10 167.73 |
Solvency | |||||
Equity ratio | 12.5 % | 9.9 % | 13.9 % | 56.8 % | 74.6 % |
Gearing | 696.4 % | 910.2 % | 604.3 % | 72.6 % | 28.0 % |
Relative net indebtedness % | 648.2 % | 2548.3 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.8 | 0.1 | 0.4 |
Current ratio | 0.6 | 0.8 | 0.8 | 0.1 | 0.4 |
Cash and cash equivalents | 188 733.00 | 3 433.00 | 24 265.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -575.5 % | -523.9 % | |||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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