WCRE III Holding A/S — Credit Rating and Financial Key Figures

CVR number: 42895253
Reesens Vej 2, 6800 Varde

Company information

Official name
WCRE III Holding A/S
Established
2021
Company form
Limited company
Industry

About WCRE III Holding A/S

WCRE III Holding A/S (CVR number: 42895253K) is a company from VARDE. The company recorded a gross profit of -18765.3 kDKK in 2024. The operating profit was -18.8 mDKK, while net earnings were 88.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WCRE III Holding A/S's liquidity measured by quick ratio was 5.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit14 699.4519 266.85-14 769.61-18 765.34
EBIT14 699.45-12 167.39-14 769.61-18 766.20
Net earnings10 564.09-9 579.36-15 883.2788.12
Shareholders equity total32 998.6522 979.15-3 855.26-6 847.13
Balance sheet total (assets)345 219.65306 990.83206 301.7193 689.60
Net debt199 002.35189 114.35138 488.0364 172.49
Profitability
EBIT-%
ROA4.3 %-3.7 %-5.3 %4.1 %
ROE36.6 %-42.0 %-14.3 %0.1 %
ROI4.9 %-4.3 %-6.1 %4.6 %
Economic value added (EVA)10 658.60-24 585.25-30 289.76-22 374.27
Solvency
Equity ratio57.2 %68.0 %72.7 %70.2 %
Gearing800.9 %1032.6 %-4732.8 %-1365.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.61.25.5
Current ratio2.33.13.315.7
Cash and cash equivalents65 282.2748 167.5243 972.1029 295.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:4.13%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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