Waring ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Waring ApS
Waring ApS (CVR number: 28132549) is a company from HELSINGØR. The company recorded a gross profit of 33.2 kDKK in 2024. The operating profit was -121 kDKK, while net earnings were 116.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.6 %, 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. Waring ApS's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 411.86 | - 940.02 | -67.09 | 88.49 | 33.24 |
EBIT | 250.15 | -1 111.24 | - 236.77 | -79.45 | - 120.96 |
Net earnings | 2 452.33 | -1 285.71 | - 847.66 | -61.07 | 116.59 |
Shareholders equity total | 9 364.29 | 8 620.09 | 6 772.44 | 3 711.37 | 3 766.96 |
Balance sheet total (assets) | 13 323.62 | 9 377.62 | 8 221.87 | 19 751.02 | 5 115.02 |
Net debt | -4 817.18 | -1 787.06 | - 135.84 | -19 350.70 | -1 101.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.9 % | -11.7 % | -0.2 % | 3.8 % | 5.1 % |
ROE | 30.0 % | -14.3 % | -11.0 % | -1.2 % | 3.1 % |
ROI | 33.5 % | -9.6 % | -4.0 % | 2.8 % | 6.7 % |
Economic value added (EVA) | 242.15 | -1 137.79 | - 540.19 | - 361.87 | 658.63 |
Solvency | |||||
Equity ratio | 70.3 % | 91.9 % | 82.4 % | 18.8 % | 73.6 % |
Gearing | 2.5 % | 3.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 12.7 | 5.5 | 1.2 | 3.7 |
Current ratio | 3.3 | 12.7 | 5.5 | 1.2 | 3.7 |
Cash and cash equivalents | 4 817.18 | 2 001.71 | 342.55 | 19 350.70 | 1 101.69 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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