Winglets ApS — Credit Rating and Financial Key Figures

CVR number: 38765248
Nimbusparken 5, 2000 Frederiksberg
tel: 78750025

Credit rating

Company information

Official name
Winglets ApS
Established
2017
Company form
Private limited company
Industry

About Winglets ApS

Winglets ApS (CVR number: 38765248) is a company from FREDERIKSBERG. The company recorded a gross profit of 112.2 kDKK in 2023. The operating profit was 88.9 kDKK, while net earnings were 92.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 21.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, 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. Winglets ApS's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit88.4159.3012.2996.81112.23
EBIT88.4159.3012.2973.5288.94
Net earnings23.88-9.4055.34101.7692.32
Shareholders equity total253.63234.22289.56391.32483.64
Balance sheet total (assets)403.50364.94436.79562.58660.68
Net debt- 279.37- 242.82- 295.44- 358.01- 493.31
Profitability
EBIT-%
ROA26.7 %16.2 %19.7 %27.6 %20.1 %
ROE9.9 %-3.9 %21.1 %29.9 %21.1 %
ROI33.1 %17.1 %20.4 %29.6 %22.0 %
Economic value added (EVA)57.5427.27-8.1336.5043.53
Solvency
Equity ratio62.9 %64.2 %66.3 %69.6 %73.2 %
Gearing48.9 %50.6 %44.3 %31.3 %24.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.72.83.03.03.6
Current ratio2.72.83.03.03.6
Cash and cash equivalents403.50361.36423.75480.58613.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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