WENNICH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WENNICH HOLDING ApS
WENNICH HOLDING ApS (CVR number: 29802807) is a company from KØGE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 51.5 % compared to the previous year. The operating profit percentage was at 98 % (EBIT: 0.4 mDKK), while net earnings were 390.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59 %, which can be considered excellent and Return on Equity (ROE) was 101 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, 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. WENNICH HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 29.70 | -99.64 | - 621.46 | 265.93 | 402.82 |
Gross profit | 23.60 | -87.39 | - 621.46 | 258.60 | 394.88 |
EBIT | 23.60 | -87.39 | - 621.46 | 258.60 | 394.88 |
Net earnings | 24.08 | - 101.24 | - 623.67 | 279.12 | 390.27 |
Shareholders equity total | 636.99 | 535.75 | -87.92 | 191.19 | 581.46 |
Balance sheet total (assets) | 729.33 | 621.52 | 1.29 | 401.12 | 938.33 |
Net debt | 72.70 | 67.72 | 81.67 | 118.17 | 82.39 |
Profitability | |||||
EBIT-% | 79.5 % | 97.2 % | 98.0 % | ||
ROA | 3.3 % | -12.9 % | -174.9 % | 105.5 % | 59.0 % |
ROE | 3.9 % | -17.3 % | -232.3 % | 290.0 % | 101.0 % |
ROI | 3.4 % | -13.3 % | -181.1 % | 131.4 % | 81.0 % |
Economic value added (EVA) | 53.58 | -68.02 | - 595.56 | 284.87 | 405.74 |
Solvency | |||||
Equity ratio | 87.3 % | 86.2 % | -98.6 % | 47.7 % | 62.0 % |
Gearing | 11.4 % | 12.7 % | -94.4 % | 62.5 % | 14.3 % |
Relative net indebtedness % | 310.2 % | -86.0 % | -14.1 % | 78.5 % | 88.4 % |
Liquidity | |||||
Quick ratio | 0.1 | 0.0 | 0.0 | 0.5 | 0.7 |
Current ratio | 0.1 | 0.0 | 0.0 | 0.5 | 0.7 |
Cash and cash equivalents | 0.22 | 0.06 | 1.29 | 1.29 | 0.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -283.2 % | 86.0 % | 14.1 % | -38.6 % | -28.6 % |
Credit risk | |||||
Credit rating | BBB | BB | B | BBB | BBB |
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