WIDEX A/S — Credit Rating and Financial Key Figures

CVR number: 15771100
Nymøllevej 6, 3540 Lynge
widex@widex.com
tel: 44355600

Credit rating

Company information

Official name
WIDEX A/S
Personnel
1183 persons
Established
1991
Company form
Limited company
Industry

About WIDEX A/S

WIDEX A/S (CVR number: 15771100K) is a company from ALLERØD. The company reported a net sales of 1893 mDKK in 2024, demonstrating a decline of -10.1 % compared to the previous year. The operating profit percentage was poor at -31.1 % (EBIT: -589 mDKK), while net earnings were -3881 mDKK. 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 -80.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. WIDEX A/S's liquidity measured by quick ratio was 0.8 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 062.001 820.002 017.002 105.001 893.00
Gross profit277.00929.001 014.001 094.00755.00
EBIT- 194.00357.00360.00378.00- 589.00
Net earnings- 279.00233.00374.00-19.00-3 881.00
Shareholders equity total391.00624.00998.006 190.003 487.00
Balance sheet total (assets)6 666.006 940.007 251.0037 391.0029 600.00
Net debt1 157.00- 453.00- 103.00-33.00-50.00
Profitability
EBIT-%-18.3 %19.6 %17.8 %18.0 %-31.1 %
ROA-1.9 %6.3 %9.5 %2.3 %-0.7 %
ROE-71.4 %45.9 %46.1 %-0.5 %-80.2 %
ROI-2.1 %7.6 %12.7 %3.1 %-0.9 %
Economic value added (EVA)-40.03448.49438.32373.85788.26
Solvency
Equity ratio5.9 %9.0 %13.8 %16.6 %11.8 %
Gearing537.1 %0.5 %
Relative net indebtedness %502.1 %322.0 %304.9 %1480.7 %1376.8 %
Liquidity
Quick ratio1.10.80.70.20.8
Current ratio1.31.10.90.20.9
Cash and cash equivalents943.00456.00103.0033.0050.00
Capital use efficiency
Trade debtors turnover (days)26.111.814.716.522.6
Net working capital %42.2 %6.1 %-6.1 %-332.4 %-9.4 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.75%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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