I WELLNESS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About I WELLNESS A/S
I WELLNESS A/S (CVR number: 20598905) is a company from HERNING. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were 25.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. I WELLNESS A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.92 | -11.12 | -11.57 | -11.86 | -13.95 |
EBIT | -10.92 | -11.12 | -11.57 | -11.86 | -13.95 |
Net earnings | 315.26 | 69.38 | 158.73 | 106.90 | 25.84 |
Shareholders equity total | 405.96 | 475.34 | 634.07 | 740.97 | 766.81 |
Balance sheet total (assets) | 1 363.47 | 895.29 | 1 054.32 | 1 167.35 | 2 794.19 |
Net debt | 927.04 | 363.29 | 384.13 | 395.68 | 1 887.28 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.1 % | 1.3 % | 1.4 % | 1.7 % | 5.6 % |
ROE | 127.0 % | 15.7 % | 28.6 % | 15.5 % | 3.4 % |
ROI | 13.4 % | 1.3 % | 1.5 % | 1.8 % | 5.8 % |
Economic value added (EVA) | 49.29 | -28.29 | -30.76 | -43.43 | -51.18 |
Solvency | |||||
Equity ratio | 58.4 % | 96.7 % | 97.1 % | 96.9 % | 41.4 % |
Gearing | 228.4 % | 82.0 % | 61.5 % | 53.4 % | 246.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 29.9 | 34.9 | 32.1 | 1.7 |
Current ratio | 2.4 | 29.9 | 34.9 | 32.1 | 1.7 |
Cash and cash equivalents | 26.71 | 5.87 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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