WIRTGEN DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 81667217
Taulov Kirkevej 28, Taulov 7000 Fredericia

Credit rating

Company information

Official name
WIRTGEN DENMARK A/S
Personnel
32 persons
Established
1976
Domicile
Taulov
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WIRTGEN DENMARK A/S

WIRTGEN DENMARK A/S (CVR number: 81667217K) is a company from FREDERICIA. The company recorded a gross profit of 0 kDKK in 2020, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. WIRTGEN DENMARK A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
Volume
Net sales931.65788.09841.47
Gross profit112.2683.5684.75
EBIT36.5019.543.51
Net earnings26.6214.982.02
Shareholders equity total144.63159.16158.59
Balance sheet total (assets)451.93443.64455.73
Net debt221.42188.42185.53
Profitability
EBIT-%3.9 %2.5 %0.4 %
ROA9.4 %4.8 %1.3 %
ROE18.4 %9.9 %1.3 %
ROI11.1 %5.6 %1.5 %
Economic value added (EVA)28.268.22-4.07-6.03
Solvency
Equity ratio33.4 %35.9 %34.8 %
Gearing162.7 %138.5 %145.3 %
Relative net indebtedness %31.1 %31.5 %29.6 %
Liquidity
Quick ratio0.60.50.6
Current ratio1.31.51.6
Cash and cash equivalents13.8332.0344.92
Capital use efficiency
Trade debtors turnover (days)27.134.031.8
Net working capital %8.3 %13.6 %17.1 %
Credit risk
Credit ratingAAAAAAAABB

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Roles

Board member

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