WCRE III Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 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 earnings | 8 351.20 | -12 186.91 | -16 941.75 | 595.53 |
Shareholders equity total | 28 879.48 | 16 692.57 | - 249.18 | 346.35 |
Balance sheet total (assets) | 28 960.13 | 20 146.62 | 4 529.05 | 1 083.85 |
Net debt | 13.17 | 47.89 | 1 507.82 | 693.52 |
Profitability | ||||
EBIT-% | ||||
ROA | 28.8 % | -49.7 % | -134.6 % | 21.0 % |
ROE | 28.9 % | -53.5 % | -159.7 % | 24.4 % |
ROI | 28.9 % | -53.0 % | -179.9 % | 47.3 % |
Economic value added (EVA) | -36.17 | -1 484.78 | - 874.96 | - 108.17 |
Solvency | ||||
Equity ratio | 99.7 % | 82.9 % | -5.2 % | 32.0 % |
Gearing | 0.0 % | 2.4 % | -623.4 % | 202.1 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.6 | 1.0 | 0.9 | 0.6 |
Current ratio | 0.6 | 1.0 | 0.9 | 0.6 |
Cash and cash equivalents | 355.38 | 45.45 | 6.48 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | BBB | B | BBB |
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