WRE Denmark - Greater Copenhagen ApS — Credit Rating and Financial Key Figures

CVR number: 38775677
Lyngby Hovedgade 4, 2800 Kongens Lyngby
bogholderi@newsec.dk
tel: 45260102

Company information

Official name
WRE Denmark - Greater Copenhagen ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit21 738.1040 464.0632 064.5913 452.06-16 117.71
EBIT27 892.3762 792.2147 264.5910 123.95-51 117.71
Net earnings11 208.7325 894.6819 554.114 508.05-21 161.39
Shareholders equity total107 733.40133 628.08153 182.19157 690.24136 528.85
Balance sheet total (assets)393 336.97415 781.89432 887.97428 086.22395 433.72
Net debt262 801.47249 808.61238 275.13233 272.69220 188.61
Profitability
EBIT-%
ROA7.2 %15.5 %11.1 %2.4 %-12.4 %
ROE11.0 %21.5 %13.6 %2.9 %-14.4 %
ROI7.4 %15.9 %11.5 %2.4 %-12.8 %
Economic value added (EVA)8 237.7335 440.6622 547.10-6 830.48-55 005.79
Solvency
Equity ratio27.4 %32.1 %35.4 %36.8 %34.5 %
Gearing246.3 %189.5 %159.0 %149.8 %165.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.20.3
Current ratio0.20.20.20.20.3
Cash and cash equivalents2 516.193 404.825 333.432 992.646 210.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:-12.4%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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