WAY2SECURE ApS — Credit Rating and Financial Key Figures

CVR number: 30918754
Lautruphøj 5, 2750 Ballerup

Company information

Official name
WAY2SECURE ApS
Established
2007
Company form
Private limited company
Industry

About WAY2SECURE ApS

WAY2SECURE ApS (CVR number: 30918754) is a company from BALLERUP. The company recorded a gross profit of -7.9 kDKK in 2023. The operating profit was -7.9 kDKK, while net earnings were 740.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.6 %, which can be considered excellent and Return on Equity (ROE) was 64 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WAY2SECURE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.05-0.00-5.03-5.91-7.88
EBIT-0.05-0.00-5.03-5.91-7.88
Net earnings310.631 562.53-9.06402.76740.45
Shareholders equity total918.762 481.29572.23974.991 340.44
Balance sheet total (assets)1 030.382 606.94613.041 020.611 396.90
Net debt61.1830.8035.7640.5650.40
Profitability
EBIT-%
ROA35.5 %86.2 %0.6 %49.5 %61.6 %
ROE40.7 %91.9 %-0.6 %52.1 %64.0 %
ROI35.5 %86.2 %0.6 %49.8 %61.9 %
Economic value added (EVA)4.5122.9499.391.2419.71
Solvency
Equity ratio89.2 %95.2 %93.3 %95.5 %96.0 %
Gearing12.1 %5.1 %6.3 %4.2 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.90.00.00.0
Current ratio0.90.90.00.00.0
Cash and cash equivalents50.4494.850.060.060.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:61.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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