Wang ApS — Credit Rating and Financial Key Figures

CVR number: 41722231
Middelgade 3, 8900 Randers C
Kaowenchui@hotmail.com

Company information

Official name
Wang ApS
Personnel
17 persons
Established
2020
Company form
Private limited company
Industry

About Wang ApS

Wang ApS (CVR number: 41722231) is a company from RANDERS. The company recorded a gross profit of 2135.2 kDKK in 2023. The operating profit was 170.6 kDKK, while net earnings were 131.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 175 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.9 %, 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. Wang ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit936.102 135.22
EBIT151.39170.62
Net earnings118.73131.55
Shareholders equity total158.739.38140.92
Balance sheet total (assets)906.071 356.371 790.26
Net debt309.04683.63215.18
Profitability
EBIT-%
ROA16.7 %10.8 %
ROE74.8 %175.0 %
ROI17.4 %19.2 %
Economic value added (EVA)117.7812.27139.42
Solvency
Equity ratio17.5 %0.7 %7.9 %
Gearing448.6 %8850.6 %562.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.80.9
Current ratio0.50.80.9
Cash and cash equivalents402.97146.38577.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:10.8%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.87%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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