K/S WELLINGTON

CVR number: 26400309
Valdemars Have 114, Voel 8600 Silkeborg
lh@hesseldahladministration.dk
tel: 20124060

Credit rating

Company information

Official name
K/S WELLINGTON
Established
2001
Domicile
Voel
Company form
Limited partnership
Industry
  • Expand more icon82Office administrative, office support and other business support activities

About K/S WELLINGTON

K/S WELLINGTON (CVR number: 26400309) is a company from SILKEBORG. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -24.1 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 0 mDKK), while net earnings were -737.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -21.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.9 %, 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. K/S WELLINGTON's liquidity measured by quick ratio was 0.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales1 445.541 262.361 335.241 320.491 002.41
Gross profit1 445.541 262.361 335.241 320.491 002.41
EBIT576.72-1 941.331 145.10-4 436.5536.55
Net earnings- 717.19-1 975.97- 144.64-4 547.89- 737.94
Shareholders equity total8 476.457 055.567 465.993 473.173 290.30
Balance sheet total (assets)19 780.6716 589.1317 107.6212 048.5411 623.48
Net debt10 962.209 242.028 889.4314 887.5313 877.90
Profitability
EBIT-%39.9 %-153.8 %85.8 %-336.0 %3.6 %
ROA3.0 %-7.3 %6.9 %-27.1 %0.3 %
ROE-8.4 %-25.4 %-2.0 %-83.1 %-21.8 %
ROI3.1 %-7.6 %7.0 %-28.0 %0.4 %
Economic value added (EVA)- 363.18-2 877.29352.43-5 228.22- 477.66
Solvency
Equity ratio43.6 %42.8 %43.9 %17.3 %16.9 %
Gearing134.1 %135.9 %131.1 %468.0 %477.2 %
Relative net indebtedness %753.8 %727.7 %654.6 %1161.3 %1432.5 %
Liquidity
Quick ratio0.40.40.90.20.2
Current ratio0.30.40.90.20.2
Cash and cash equivalents407.69347.93901.001 367.821 824.73
Capital use efficiency
Trade debtors turnover (days)21.9
Net working capital %-73.7 %-50.8 %-10.6 %-538.3 %-647.4 %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:0.34%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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