WÜRTH DANMARK A/S

CVR number: 12561113
Montagevej 6, 6000 Kolding
tel: 75517250

Credit rating

Company information

Official name
WÜRTH DANMARK A/S
Personnel
673 persons
Established
1964
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

WÜRTH DANMARK A/S (CVR number: 12561113) is a company from KOLDING. The company reported a net sales of 1156.5 mDKK in 2023, demonstrating a growth of 3.6 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 62.3 mDKK), while net earnings were 47.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.7 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. WÜRTH DANMARK A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales813.74915.931 014.121 116.701 156.54
Gross profit322.79360.50417.74459.08475.63
EBIT7.7020.2139.8553.1062.33
Net earnings4.3915.1528.9039.1847.36
Shareholders equity total168.52183.67198.30237.48284.84
Balance sheet total (assets)385.80428.37437.28461.21472.49
Net debt72.69115.8282.1363.4564.16
Profitability
EBIT-%0.9 %2.2 %3.9 %4.8 %5.4 %
ROA2.4 %5.1 %9.3 %12.0 %13.7 %
ROE2.6 %8.6 %15.1 %18.0 %18.1 %
ROI3.1 %6.3 %12.1 %16.1 %17.0 %
Economic value added (EVA)-2.727.4021.3330.9836.69
Solvency
Equity ratio43.7 %42.9 %45.3 %51.5 %60.3 %
Gearing43.2 %63.6 %41.6 %27.4 %22.6 %
Relative net indebtedness %26.0 %25.8 %22.8 %19.2 %15.3 %
Liquidity
Quick ratio1.01.00.91.01.3
Current ratio1.61.51.61.82.3
Cash and cash equivalents0.180.920.401.560.32
Capital use efficiency
Trade debtors turnover (days)40.037.440.144.034.3
Net working capital %11.4 %10.6 %10.9 %13.3 %14.8 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:13.7%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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