WAM ENGINEERING ApS. — Credit Rating and Financial Key Figures

CVR number: 27986382
Nørrebro 63, 5900 Rudkøbing
t.wamsler@gmail.com
tel: 23297490

Company information

Official name
WAM ENGINEERING ApS.
Established
2004
Company form
Private limited company
Industry

About WAM ENGINEERING ApS.

WAM ENGINEERING ApS. (CVR number: 27986382) is a company from LANGELAND. The company recorded a gross profit of -91.6 kDKK in 2022, demonstrating a decline of -122.9 % compared to the previous year. The operating profit was -91.6 kDKK, while net earnings were -91.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -15.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WAM ENGINEERING ApS.'s liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales49.0263.5946.5344.94
Gross profit- 220.64-17.96-49.09-41.11-91.63
EBIT- 220.64-17.96-49.09-41.11-91.63
Net earnings260.88- 140.25- 178.54- 190.46-91.63
Shareholders equity total286.49144.21673.47484.02669.60
Balance sheet total (assets)2 213.232 165.382 931.752 972.96669.60
Net debt597.43642.19605.41564.12- 519.60
Profitability
EBIT-%-450.1 %-28.2 %-105.5 %-91.5 %
ROA20.3 %-0.8 %-1.9 %-1.4 %-5.0 %
ROE57.2 %-65.1 %-43.7 %-32.9 %-15.9 %
ROI39.2 %-2.0 %-4.7 %-3.5 %-10.7 %
Economic value added (EVA)- 219.69-63.43-69.78-59.83- 116.74
Solvency
Equity ratio12.9 %6.7 %23.0 %16.3 %100.0 %
Gearing238.7 %448.2 %89.9 %116.5 %
Relative net indebtedness %3754.4 %3171.6 %4854.0 %5539.6 %
Liquidity
Quick ratio0.20.20.20.2
Current ratio0.20.20.20.2
Cash and cash equivalents86.344.18-0.18-0.27519.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-1982.7 %-1810.9 %-2947.3 %-3565.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.03%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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