WICOTEC KIRKEBJERG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WICOTEC KIRKEBJERG A/S
WICOTEC KIRKEBJERG A/S (CVR number: 73585511) is a company from Høje-Taastrup. The company reported a net sales of 1987.6 mDKK in 2023, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was at 3.6 % (EBIT: 71.4 mDKK), while net earnings were 51.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WICOTEC KIRKEBJERG A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 2 083 129.00 | 1 987 587.00 | |
Gross profit | 162 772.00 | 207 208.00 | |
EBIT | 23 560.00 | 71 440.00 | |
Net earnings | 61 701.00 | 51 063.00 | |
Shareholders equity total | 265 893.00 | 307 594.00 | 318 657.00 |
Balance sheet total (assets) | 1 146 789.00 | 1 388 700.00 | |
Net debt | 345 482.00 | 566 035.00 | |
Profitability | |||
EBIT-% | 1.1 % | 3.6 % | |
ROA | 5.9 % | 5.9 % | |
ROE | 10.8 % | 16.3 % | |
ROI | 9.9 % | 9.4 % | |
Economic value added (EVA) | 4 729.66 | 55 578.85 | |
Solvency | |||
Equity ratio | 31.2 % | 26.1 % | |
Gearing | 112.3 % | 177.6 % | |
Relative net indebtedness % | 39.0 % | 51.9 % | |
Liquidity | |||
Quick ratio | 1.2 | 1.1 | |
Current ratio | 0.9 | 0.9 | |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | 39.5 | 58.2 | |
Net working capital % | -2.0 % | -5.0 % | |
Credit risk | |||
Credit rating | A | AA |
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