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

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

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: 19272796) is a company from AALBORG. The company reported a net sales of 387.2 mDKK in 2020, demonstrating a decline of -7 % compared to the previous year. The operating profit percentage was poor at -8 % (EBIT: -30.9 mDKK), while net earnings were 16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WRIST SHIP SUPPLY A/S's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

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Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales426.82461.81415.18416.19387.19
Gross profit93.46102.2098.3298.56100.17
EBIT-11.488.58-23.42-43.62-30.86
Net earnings60.4586.3368.8738.7916.91
Shareholders equity total486.23533.85812.81863.05827.32
Balance sheet total (assets)1 294.201 347.981 539.021 884.651 800.46
Net debt4.7457.87164.80183.9154.22
Profitability
EBIT-%-2.7 %1.9 %-5.6 %-10.5 %-8.0 %
ROA17.5 %10.4 %8.0 %0.1 %3.1 %
ROE24.9 %16.9 %10.2 %4.6 %2.0 %
ROI20.5 %12.3 %9.5 %0.1 %3.5 %
Economic value added (EVA)-8.95-18.32-49.50- 103.88-80.18
Solvency
Equity ratio37.6 %39.6 %52.8 %45.8 %46.0 %
Gearing1.1 %11.7 %10.4 %21.5 %8.2 %
Relative net indebtedness %189.1 %175.3 %194.3 %245.1 %247.7 %
Liquidity
Quick ratio2.62.42.82.62.8
Current ratio2.82.52.92.72.9
Cash and cash equivalents0.734.79-80.361.3713.93
Capital use efficiency
Trade debtors turnover (days)36.437.033.734.930.6
Net working capital %82.9 %83.5 %156.0 %138.1 %146.3 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:3.09%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-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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