Credit rating
Company information
About W.M. FINANS A/S
W.M. FINANS A/S (CVR number: 28889100) is a company from HORSENS. The company recorded a gross profit of -20.7 kDKK in 2019. The operating profit was -20.7 kDKK, while net earnings were -20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. W.M. FINANS A/S's liquidity measured by quick ratio was 234.9 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -18.15 | -17.48 | -20.42 | -20.67 |
EBIT | -18.15 | -17.48 | -20.42 | -20.67 |
Net earnings | 29.64 | 134.99 | -51.71 | -20.82 |
Shareholders equity total | 2 376.66 | 2 461.65 | 2 359.94 | 2 339.12 |
Balance sheet total (assets) | 2 391.66 | 2 495.77 | 2 367.94 | 2 349.12 |
Net debt | -2 385.83 | -2 495.77 | -2 343.58 | -2 334.48 |
Profitability | ||||
EBIT-% | ||||
ROA | 1.6 % | 7.1 % | 1.6 % | 0.4 % |
ROE | 1.2 % | 5.6 % | -2.1 % | -0.9 % |
ROI | 1.6 % | 7.2 % | 1.6 % | 0.4 % |
Economic value added (EVA) | -13.74 | -13.09 | -14.42 | -21.49 |
Solvency | ||||
Equity ratio | 99.4 % | 98.6 % | 99.7 % | 99.6 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 159.4 | 73.1 | 296.0 | 234.9 |
Current ratio | 159.4 | 73.1 | 296.0 | 234.9 |
Cash and cash equivalents | 2 385.83 | 2 495.77 | 2 343.58 | 2 334.48 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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