WÄRTSILÄ DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 14281746
Kystvejen 100, 9400 Nørresundby
tel: 99569956

Credit rating

Company information

Official name
WÄRTSILÄ DANMARK A/S
Personnel
83 persons
Established
1990
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About WÄRTSILÄ DANMARK A/S

WÄRTSILÄ DANMARK A/S (CVR number: 14281746) is a company from AALBORG. The company recorded a gross profit of 119.6 mDKK in 2023. The operating profit was 38 mDKK, while net earnings were 29 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. WÄRTSILÄ DANMARK A/S's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit82 291.0098 890.00101 662.00102 864.00119 553.00
EBIT13 088.0024 056.0026 804.0028 256.0038 003.00
Net earnings12 185.0021 261.0020 776.0021 713.0029 032.00
Shareholders equity total30 687.0039 948.0041 724.0042 437.0051 469.00
Balance sheet total (assets)143 306.00144 211.00175 163.00122 808.00131 612.00
Net debt4 473.00-23 629.00-28 548.00
Profitability
EBIT-%
ROA10.0 %16.7 %16.9 %19.9 %32.2 %
ROE41.9 %60.2 %50.9 %51.6 %61.8 %
ROI36.8 %56.1 %30.3 %30.3 %50.3 %
Economic value added (EVA)12 618.7622 133.9921 272.1023 974.2629 053.66
Solvency
Equity ratio22.8 %28.6 %23.8 %44.2 %39.5 %
Gearing205.4 %40.4 %85.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.32.31.7
Current ratio1.31.41.31.51.6
Cash and cash equivalents81 242.0040 793.0072 701.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAAAA

Variable visualization

ROA:32.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.5%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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