WIRTGEN DENMARK A/S
Credit rating
Company information
About WIRTGEN DENMARK A/S
WIRTGEN DENMARK A/S (CVR number: 81667217K) is a company from FREDERICIA. The company reported a net sales of 642.3 mDKK in 2020, demonstrating a decline of -23.7 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 15 mDKK), while net earnings were 9839 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.9 %, 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. WIRTGEN DENMARK A/S's liquidity measured by quick ratio was 1.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 812.53 | 931.65 | 788.09 | 841.47 | 642.30 |
Gross profit | 92.35 | 112.26 | 83.56 | 84.75 | 88.13 |
EBIT | 26.04 | 36.50 | 19.54 | 3.51 | 14.98 |
Net earnings | 20.19 | 26.62 | 14.98 | 2.02 | 9.84 |
Shareholders equity total | 120.28 | 144.63 | 159.16 | 158.59 | 167.48 |
Balance sheet total (assets) | 406.04 | 451.93 | 443.64 | 455.73 | 433.94 |
Net debt | 118.73 | 221.42 | 188.42 | 185.53 | 129.56 |
Profitability | |||||
EBIT-% | 3.2 % | 3.9 % | 2.5 % | 0.4 % | 2.3 % |
ROA | 8.0 % | 9.9 % | 4.8 % | 1.3 % | 4.0 % |
ROE | 16.8 % | 20.1 % | 9.9 % | 1.3 % | 6.0 % |
ROI | 9.8 % | 11.9 % | 5.6 % | 1.5 % | 4.6 % |
Economic value added (EVA) | 20.42 | 22.85 | 8.22 | -4.07 | 5.33 |
Solvency | |||||
Equity ratio | 29.6 % | 33.4 % | 35.9 % | 34.8 % | 38.9 % |
Gearing | 118.6 % | 162.7 % | 138.5 % | 145.3 % | 130.1 % |
Relative net indebtedness % | 31.8 % | 31.1 % | 31.5 % | 29.6 % | 26.9 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.5 | 0.6 | 1.1 |
Current ratio | 1.4 | 1.3 | 1.5 | 1.6 | 2.9 |
Cash and cash equivalents | 23.97 | 13.83 | 32.03 | 44.92 | 88.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.7 | 27.1 | 34.0 | 31.8 | 21.1 |
Net working capital % | 9.0 % | 8.3 % | 13.6 % | 17.1 % | 36.0 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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