WORLD FUEL SERVICES (DENMARK) ApS — Credit Rating and Financial Key Figures

CVR number: 30593375
Bag Haverne 54, 4600 Køge
KiHansen@wfscorp.com
tel: 56788222

Credit rating

Company information

Official name
WORLD FUEL SERVICES (DENMARK) ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WORLD FUEL SERVICES (DENMARK) ApS

WORLD FUEL SERVICES (DENMARK) ApS (CVR number: 30593375) is a company from KØGE. The company recorded a gross profit of 1162.5 kUSD in 2023. The operating profit was 437 kUSD, while net earnings were 608.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.6 %, 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. WORLD FUEL SERVICES (DENMARK) ApS's liquidity measured by quick ratio was 2.7 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 072.004 833.001 517.001 542.641 162.51
EBIT3 656.002 694.00781.00699.45437.03
Net earnings3 525.002 505.00591.00858.65608.51
Shareholders equity total5 938.008 443.009 034.009 892.1910 500.70
Balance sheet total (assets)14 990.0010 540.0013 662.0014 427.5617 043.14
Net debt214.192 639.74
Profitability
EBIT-%
ROA23.4 %21.1 %6.5 %15.0 %5.3 %
ROE38.4 %34.8 %6.8 %9.1 %6.0 %
ROI23.4 %21.1 %6.5 %17.3 %6.8 %
Economic value added (EVA)3 032.252 395.62356.74181.64- 135.06
Solvency
Equity ratio100.0 %100.0 %100.0 %68.6 %61.6 %
Gearing6.7 %30.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.7
Current ratio2.42.7
Cash and cash equivalents446.73532.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:5.26%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.6%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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