WIHLBORGS A/S — Credit Rating and Financial Key Figures

CVR number: 14125043
Mileparken 22, 2740 Skovlunde
info@wihlborgs.dk
tel: 39616158
www.wihlborgs.dk

Credit rating

Company information

Official name
WIHLBORGS A/S
Personnel
86 persons
Established
1990
Company form
Limited company
Industry

About WIHLBORGS A/S

WIHLBORGS A/S (CVR number: 14125043) is a company from BALLERUP. The company reported a net sales of 439.6 mDKK in 2023, demonstrating a growth of 13.2 % compared to the previous year. The operating profit percentage was at 77.4 % (EBIT: 340.1 mDKK), while net earnings were 37.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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. WIHLBORGS A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales364.29355.61413.74388.26439.63
Gross profit304.55312.32359.01316.33394.94
EBIT262.79260.69301.73254.78340.14
Net earnings270.78276.18307.62400.1537.87
Shareholders equity total1 828.442 104.612 412.242 412.382 450.25
Balance sheet total (assets)5 304.295 669.676 134.097 595.617 769.28
Net debt3 120.683 142.773 262.544 697.544 758.59
Profitability
EBIT-%72.1 %73.3 %72.9 %65.6 %77.4 %
ROA7.4 %5.1 %7.4 %4.6 %4.6 %
ROE16.0 %14.0 %13.6 %16.6 %1.6 %
ROI7.6 %5.3 %7.6 %4.7 %4.6 %
Economic value added (EVA)-73.88-52.09-41.02- 101.32- 176.67
Solvency
Equity ratio34.5 %37.1 %39.3 %31.8 %31.5 %
Gearing170.7 %149.3 %135.2 %194.7 %196.7 %
Relative net indebtedness %903.7 %938.2 %835.6 %1248.3 %1119.9 %
Liquidity
Quick ratio0.10.20.40.40.8
Current ratio0.10.20.40.40.8
Cash and cash equivalents0.020.000.000.3159.83
Capital use efficiency
Trade debtors turnover (days)19.99.36.86.73.6
Net working capital %-161.8 %-147.7 %-41.7 %-36.3 %-11.6 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:4.55%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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