WRIST SHIP SUPPLY A/S — Credit Rating and Financial Key Figures

CVR number: 19272796
Stigsborgvej 60, 9400 Nørresundby
tel: 98165833

Company information

Official name
WRIST SHIP SUPPLY A/S
Personnel
280 persons
Established
1996
Company form
Limited company
Industry

About WRIST SHIP SUPPLY A/S

WRIST SHIP SUPPLY A/S (CVR number: 19272796K) is a company from AALBORG. The company reported a net sales of 5696.1 mDKK in 2024, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 166.9 mDKK), while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.7 %, 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. WRIST SHIP SUPPLY A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales4 369.794 457.695 389.035 547.845 696.11
Gross profit1 182.061 198.661 510.051 577.561 633.18
EBIT98.89122.81196.46179.22166.94
Net earnings16.9157.92112.8581.2719.12
Shareholders equity total827.32931.791 066.441 128.411 180.67
Balance sheet total (assets)2 583.052 776.183 132.003 357.453 727.39
Net debt- 238.00-51.64- 108.42-92.12- 171.42
Profitability
EBIT-%2.3 %2.8 %3.6 %3.2 %2.9 %
ROA3.9 %4.9 %6.8 %5.9 %5.5 %
ROE2.0 %6.6 %11.3 %7.4 %1.7 %
ROI6.1 %7.4 %10.4 %8.9 %8.1 %
Economic value added (EVA)20.1038.8295.3282.1630.64
Solvency
Equity ratio32.0 %33.6 %34.0 %33.6 %31.7 %
Gearing0.3 %12.7 %
Relative net indebtedness %34.7 %37.6 %36.3 %38.5 %41.7 %
Liquidity
Quick ratio1.21.11.11.11.2
Current ratio1.51.41.41.41.5
Cash and cash equivalents240.22170.41108.4292.12171.42
Capital use efficiency
Trade debtors turnover (days)55.166.563.561.262.2
Net working capital %9.6 %10.0 %9.1 %7.9 %11.1 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:5.53%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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