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

WCRE III Holding A/S (CVR number: 42895253K) is a company from VARDE. The company recorded a gross profit of -14769.6 kDKK in 2023. The operating profit was -14.8 mDKK, while net earnings were -15.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.7 %, 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 1.2 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.