Wengel Holding ApS — Credit Rating and Financial Key Figures

Wengel Holding ApS (CVR number: 37911577) is a company from AARHUS. The company reported a net sales of -0.1 mDKK in 2022, demonstrating a decline of -163.7 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -60.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.8 %, which can be considered poor and Return on Equity (ROE) was -40 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Wengel Holding ApS's liquidity measured by quick ratio was 1.8 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.