Wheel Restore Company ApS — Credit Rating and Financial Key Figures

CVR number: 39025612
Hobrovej 963, 9530 Støvring
info@wheelrestore.com
tel: 70227070
www.wheelrestore.com

Company information

Official name
Wheel Restore Company ApS
Personnel
8 persons
Established
2017
Company form
Private limited company
Industry

About Wheel Restore Company ApS

Wheel Restore Company ApS (CVR number: 39025612) is a company from AALBORG. The company recorded a gross profit of 6148.1 kDKK in 2023. The operating profit was 2773.5 kDKK, while net earnings were 1727.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent and Return on Equity (ROE) was 31.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. Wheel Restore Company ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 131.292 195.802 917.943 892.796 148.13
EBIT434.101 085.441 844.742 234.382 773.54
Net earnings300.18850.621 395.221 555.131 727.92
Shareholders equity total367.142 217.763 612.985 168.115 896.03
Balance sheet total (assets)5 373.783 942.3210 557.4717 338.6919 599.00
Net debt1 416.63- 114.001 162.582 443.005 844.26
Profitability
EBIT-%
ROA15.2 %23.5 %25.7 %16.3 %15.2 %
ROE138.3 %65.8 %47.9 %35.4 %31.2 %
ROI31.0 %45.9 %50.8 %32.3 %25.8 %
Economic value added (EVA)337.64956.961 321.961 549.241 934.36
Solvency
Equity ratio6.8 %56.3 %34.7 %30.0 %30.1 %
Gearing534.0 %0.1 %32.3 %61.2 %107.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.31.10.80.7
Current ratio1.02.31.71.51.5
Cash and cash equivalents543.99116.804.99722.42462.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:15.2%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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