WIDU Development ApS — Credit Rating and Financial Key Figures

CVR number: 39873168
Banevej 5, 4653 Karise

Credit rating

Company information

Official name
WIDU Development ApS
Established
2018
Company form
Private limited company
Industry
  • Expand more icon681100

About WIDU Development ApS

WIDU Development ApS (CVR number: 39873168) is a company from FAXE. The company recorded a gross profit of 399.7 kDKK in 2024. The operating profit was 399.7 kDKK, while net earnings were 213.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good but Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WIDU Development ApS's liquidity measured by quick ratio was 0.1 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
20202021202220232024
Volume
Net sales
Gross profit214.58246.64203.59273.41399.67
EBIT214.58246.64203.59273.41399.67
Net earnings113.04125.8964.01109.83213.81
Shareholders equity total192.75318.64382.65492.48706.29
Balance sheet total (assets)2 576.312 831.154 007.963 936.334 025.91
Net debt835.68770.401 351.791 293.861 171.69
Profitability
EBIT-%
ROA9.3 %9.1 %6.0 %6.9 %10.0 %
ROE83.0 %49.2 %18.3 %25.1 %35.7 %
ROI10.6 %10.3 %6.2 %7.2 %10.6 %
Economic value added (EVA)164.52182.74154.55198.69287.69
Solvency
Equity ratio7.5 %11.3 %9.5 %12.5 %17.5 %
Gearing439.2 %316.1 %384.5 %270.8 %184.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.20.10.00.1
Current ratio0.00.20.10.00.1
Cash and cash equivalents10.85236.93119.5639.67128.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.0%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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