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

CVR number: 42895253
Reesens Vej 2, 6800 Varde

Credit rating

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: 42895253) is a company from VARDE. The company recorded a gross profit of -42.7 kDKK in 2024. The operating profit was -42.7 kDKK, while net earnings were 595.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 24.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32 %, 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. WCRE III Holding A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-43.17-40.00-16.25-42.69
EBIT-43.17-40.00-16.25-42.69
Net earnings8 351.20-12 186.91-16 941.75595.53
Shareholders equity total28 879.4816 692.57- 249.18346.35
Balance sheet total (assets)28 960.1320 146.624 529.051 083.85
Net debt13.1747.891 507.82693.52
Profitability
EBIT-%
ROA28.8 %-49.7 %-134.6 %21.0 %
ROE28.9 %-53.5 %-159.7 %24.4 %
ROI28.9 %-53.0 %-179.9 %47.3 %
Economic value added (EVA)-36.17-1 484.78- 874.96- 108.17
Solvency
Equity ratio99.7 %82.9 %-5.2 %32.0 %
Gearing0.0 %2.4 %-623.4 %202.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.00.90.6
Current ratio0.61.00.90.6
Cash and cash equivalents355.3845.456.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBB

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.0%
Rating: 28/100
-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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