Languagewire Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Languagewire Holding A/S
Languagewire Holding A/S (CVR number: 38608924K) is a company from FREDERIKSBERG. The company reported a net sales of 477.1 mDKK in 2022, demonstrating a growth of 1 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 8.3 mDKK), while net earnings were 1898 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.9 %, 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. Languagewire Holding A/S's liquidity measured by quick ratio was 1.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 273.38 | 419.60 | 432.74 | 472.59 | 477.08 |
Gross profit | 103.81 | 168.46 | 218.48 | 279.75 | 256.44 |
EBIT | -12.33 | -11.40 | 9.68 | 44.44 | 8.34 |
Net earnings | -18.80 | -24.04 | -12.02 | 31.45 | 1.90 |
Shareholders equity total | 175.62 | 153.11 | 140.67 | 170.95 | 169.79 |
Balance sheet total (assets) | 564.28 | 521.08 | 504.44 | 516.83 | 576.56 |
Net debt | 209.57 | 223.69 | 209.79 | 183.33 | 264.54 |
Profitability | |||||
EBIT-% | -4.5 % | -2.7 % | 2.2 % | 9.4 % | 1.7 % |
ROA | -2.6 % | -2.0 % | 1.9 % | 8.9 % | 2.4 % |
ROE | -13.1 % | -14.6 % | -8.2 % | 20.2 % | 1.1 % |
ROI | -3.0 % | -2.4 % | 2.4 % | 11.1 % | 3.0 % |
Economic value added (EVA) | -20.13 | -29.19 | -0.48 | 35.73 | -11.57 |
Solvency | |||||
Equity ratio | 31.9 % | 30.1 % | 28.5 % | 34.2 % | 30.9 % |
Gearing | 135.1 % | 150.6 % | 151.8 % | 114.5 % | 155.8 % |
Relative net indebtedness % | 110.3 % | 72.8 % | 71.5 % | 60.5 % | 76.2 % |
Liquidity | |||||
Quick ratio | 1.4 | 0.4 | 0.6 | 1.6 | 1.6 |
Current ratio | 1.2 | 0.3 | 0.6 | 1.3 | 1.2 |
Cash and cash equivalents | 27.70 | 6.83 | 3.76 | 12.42 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 107.6 | 69.9 | 75.8 | 71.2 | 74.2 |
Net working capital % | 7.2 % | -49.3 % | -17.7 % | 8.0 % | 6.3 % |
Credit risk | |||||
Credit rating | A | A | AA | AAA | AA |
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