WRIST SHIP SUPPLY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 426.82 | 461.81 | 415.18 | 416.19 | 387.19 |
Gross profit | 93.46 | 102.20 | 98.32 | 98.56 | 100.17 |
EBIT | -11.48 | 8.58 | -23.42 | -43.62 | -30.86 |
Net earnings | 60.45 | 86.33 | 68.87 | 38.79 | 16.91 |
Shareholders equity total | 486.23 | 533.85 | 812.81 | 863.05 | 827.32 |
Balance sheet total (assets) | 1 294.20 | 1 347.98 | 1 539.02 | 1 884.65 | 1 800.46 |
Net debt | 4.74 | 57.87 | 164.80 | 183.91 | 54.22 |
Profitability | |||||
EBIT-% | -2.7 % | 1.9 % | -5.6 % | -10.5 % | -8.0 % |
ROA | 17.5 % | 10.4 % | 8.0 % | 0.1 % | 3.1 % |
ROE | 24.9 % | 16.9 % | 10.2 % | 4.6 % | 2.0 % |
ROI | 20.5 % | 12.3 % | 9.5 % | 0.1 % | 3.5 % |
Economic value added (EVA) | -8.95 | -18.32 | -49.50 | - 103.88 | -80.18 |
Solvency | |||||
Equity ratio | 37.6 % | 39.6 % | 52.8 % | 45.8 % | 46.0 % |
Gearing | 1.1 % | 11.7 % | 10.4 % | 21.5 % | 8.2 % |
Relative net indebtedness % | 189.1 % | 175.3 % | 194.3 % | 245.1 % | 247.7 % |
Liquidity | |||||
Quick ratio | 2.6 | 2.4 | 2.8 | 2.6 | 2.8 |
Current ratio | 2.8 | 2.5 | 2.9 | 2.7 | 2.9 |
Cash and cash equivalents | 0.73 | 4.79 | -80.36 | 1.37 | 13.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.4 | 37.0 | 33.7 | 34.9 | 30.6 |
Net working capital % | 82.9 % | 83.5 % | 156.0 % | 138.1 % | 146.3 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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