WÄRTSILÄ DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 82 291.00 | 98 890.00 | 101 662.00 | 102 864.00 | 119 553.00 |
EBIT | 13 088.00 | 24 056.00 | 26 804.00 | 28 256.00 | 38 003.00 |
Net earnings | 12 185.00 | 21 261.00 | 20 776.00 | 21 713.00 | 29 032.00 |
Shareholders equity total | 30 687.00 | 39 948.00 | 41 724.00 | 42 437.00 | 51 469.00 |
Balance sheet total (assets) | 143 306.00 | 144 211.00 | 175 163.00 | 122 808.00 | 131 612.00 |
Net debt | 4 473.00 | -23 629.00 | -28 548.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 10.0 % | 16.7 % | 16.9 % | 19.9 % | 32.2 % |
ROE | 41.9 % | 60.2 % | 50.9 % | 51.6 % | 61.8 % |
ROI | 36.8 % | 56.1 % | 30.3 % | 30.3 % | 50.3 % |
Economic value added (EVA) | 12 618.76 | 22 133.99 | 21 272.10 | 23 974.26 | 29 053.66 |
Solvency | |||||
Equity ratio | 22.8 % | 28.6 % | 23.8 % | 44.2 % | 39.5 % |
Gearing | 205.4 % | 40.4 % | 85.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.3 | 2.3 | 1.7 |
Current ratio | 1.3 | 1.4 | 1.3 | 1.5 | 1.6 |
Cash and cash equivalents | 81 242.00 | 40 793.00 | 72 701.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | AA |
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