Worldtrans Air-Sea Service A/S
Credit rating
Company information
About Worldtrans Air-Sea Service A/S
Worldtrans Air-Sea Service A/S (CVR number: 36729767) is a company from VEJLE. The company recorded a gross profit of 3153.3 kDKK in 2023. The operating profit was -132.3 kDKK, while net earnings were -112.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Worldtrans Air-Sea Service 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 | 2 293.30 | 4 695.22 | 3 784.92 | 4 596.17 | 3 153.29 |
EBIT | - 161.33 | 1 978.90 | 729.00 | 1 435.07 | - 132.25 |
Net earnings | - 196.18 | 1 685.04 | 938.26 | 1 657.64 | - 112.41 |
Shareholders equity total | 1 629.61 | 3 314.65 | 4 252.91 | 5 910.55 | 5 798.14 |
Balance sheet total (assets) | 5 750.10 | 10 080.17 | 5 864.81 | 6 718.70 | 14 131.32 |
Net debt | -2 315.32 | -5 105.28 | -4 486.78 | -4 199.38 | -7 547.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 43.9 % | 25.9 % | 36.4 % | 8.7 % |
ROE | -11.4 % | 68.2 % | 24.8 % | 32.6 % | -1.9 % |
ROI | 19.1 % | 136.2 % | 53.5 % | 44.7 % | 15.3 % |
Economic value added (EVA) | - 135.12 | 2 013.36 | 818.98 | 1 446.82 | - 213.84 |
Solvency | |||||
Equity ratio | 28.3 % | 32.9 % | 72.5 % | 88.0 % | 41.0 % |
Gearing | 1.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.5 | 3.6 | 8.3 | 1.7 |
Current ratio | 1.4 | 1.5 | 3.6 | 8.3 | 1.7 |
Cash and cash equivalents | 2 315.32 | 5 105.28 | 4 486.78 | 4 286.83 | 7 547.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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