WRE Denmark - Greater Copenhagen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WRE Denmark - Greater Copenhagen ApS
WRE Denmark - Greater Copenhagen ApS (CVR number: 38775677) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -16117.7 kDKK in 2023. The operating profit was -51.1 mDKK, while net earnings were -21.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.4 %, which can be considered poor and Return on Equity (ROE) was -14.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.5 %, 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. WRE Denmark - Greater Copenhagen ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 21 738.10 | 40 464.06 | 32 064.59 | 13 452.06 | -16 117.71 |
EBIT | 27 892.37 | 62 792.21 | 47 264.59 | 10 123.95 | -51 117.71 |
Net earnings | 11 208.73 | 25 894.68 | 19 554.11 | 4 508.05 | -21 161.39 |
Shareholders equity total | 107 733.40 | 133 628.08 | 153 182.19 | 157 690.24 | 136 528.85 |
Balance sheet total (assets) | 393 336.97 | 415 781.89 | 432 887.97 | 428 086.22 | 395 433.72 |
Net debt | 262 801.47 | 249 808.61 | 238 275.13 | 233 272.69 | 220 188.61 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 15.5 % | 11.1 % | 2.4 % | -12.4 % |
ROE | 11.0 % | 21.5 % | 13.6 % | 2.9 % | -14.4 % |
ROI | 7.4 % | 15.9 % | 11.5 % | 2.4 % | -12.8 % |
Economic value added (EVA) | 8 237.73 | 35 440.66 | 22 547.10 | -6 830.48 | -55 005.79 |
Solvency | |||||
Equity ratio | 27.4 % | 32.1 % | 35.4 % | 36.8 % | 34.5 % |
Gearing | 246.3 % | 189.5 % | 159.0 % | 149.8 % | 165.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 |
Current ratio | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 |
Cash and cash equivalents | 2 516.19 | 3 404.82 | 5 333.43 | 2 992.64 | 6 210.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | A |
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