WoR Finans ApS — Credit Rating and Financial Key Figures

WoR Finans ApS (CVR number: 37189235K) is a company from VARDE. The company recorded a gross profit of 62.9 mDKK in 2021. The operating profit was 5771 kDKK, while net earnings were 4003 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.5 %, 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. WoR Finans ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.