WENGE GULVE A/S — Credit Rating and Financial Key Figures

CVR number: 10063116
Bornholmsvej 10, 7400 Herning

Credit rating

Company information

Official name
WENGE GULVE A/S
Personnel
21 persons
Established
2001
Company form
Limited company
Industry
  • Expand more icon95Repair of computers and personal and household goods

About WENGE GULVE A/S

WENGE GULVE A/S (CVR number: 10063116) is a company from HERNING. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 2095 kDKK, while net earnings were 1512.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. WENGE GULVE A/S's liquidity measured by quick ratio was 4.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit20 792.6514 125.0117 149.2616 381.6115 911.17
EBIT6 541.321 038.764 327.303 399.732 095.01
Net earnings5 449.901 094.303 448.942 714.991 512.18
Shareholders equity total10 772.198 866.498 115.439 830.438 542.60
Balance sheet total (assets)15 807.4917 895.1613 022.3912 267.5610 698.79
Net debt-5 784.905 688.1554.10-3 564.61-2 552.79
Profitability
EBIT-%
ROA49.6 %10.3 %30.7 %28.8 %21.2 %
ROE54.2 %11.1 %40.6 %30.3 %16.5 %
ROI69.7 %13.7 %41.4 %40.3 %26.4 %
Economic value added (EVA)4 638.28558.512 927.352 362.581 197.13
Solvency
Equity ratio68.1 %49.5 %62.3 %80.1 %79.8 %
Gearing0.0 %64.2 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.71.71.73.84.2
Current ratio2.91.92.55.04.9
Cash and cash equivalents5 788.653 564.612 552.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.8%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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