WRE Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WRE Danmark ApS
WRE Danmark ApS (CVR number: 39236001) is a company from HORSENS. The company recorded a gross profit of 620.2 kDKK in 2024. The operating profit was -5.5 kDKK, while net earnings were -25.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. WRE Danmark ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 569.21 | 526.85 | 592.01 | 658.03 | 620.18 |
| EBIT | 110.12 | 21.18 | 65.69 | 67.51 | -5.45 |
| Net earnings | 70.51 | -0.79 | 33.60 | 37.32 | -25.36 |
| Shareholders equity total | 153.00 | 152.21 | 185.81 | 223.13 | 197.76 |
| Balance sheet total (assets) | 746.49 | 760.30 | 808.53 | 826.96 | 805.40 |
| Net debt | - 286.94 | -84.04 | - 469.96 | - 567.15 | - 401.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.5 % | 2.8 % | 8.4 % | 8.3 % | -0.7 % |
| ROE | 59.9 % | -0.5 % | 19.9 % | 18.3 % | -12.1 % |
| ROI | 22.6 % | 4.1 % | 18.8 % | 33.0 % | -2.6 % |
| Economic value added (EVA) | 62.61 | 13.42 | 42.77 | 42.76 | -16.67 |
| Solvency | |||||
| Equity ratio | 20.5 % | 20.0 % | 23.0 % | 27.0 % | 24.6 % |
| Gearing | 1.0 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.2 | 2.9 | 3.7 | 3.4 |
| Current ratio | 3.1 | 3.1 | 3.2 | 3.8 | 3.5 |
| Cash and cash equivalents | 288.40 | 84.04 | 469.96 | 567.15 | 401.50 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BB | BB |
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