Wärtsilä Puregas Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 37082007
Kolding Åpark 8 A, 6000 Kolding

Credit rating

Company information

Official name
Wärtsilä Puregas Solutions A/S
Personnel
4 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Wärtsilä Puregas Solutions A/S

Wärtsilä Puregas Solutions A/S (CVR number: 37082007) is a company from KOLDING. The company recorded a gross profit of 1227.6 kDKK in 2019. The operating profit was -884.3 kDKK, while net earnings were -696.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -72.7 %, which can be considered poor and Return on Equity (ROE) was -94.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Wärtsilä Puregas Solutions A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
Volume
Net sales
Gross profit3 046.002 933.003 342.001 227.58
EBIT-46.00- 251.00- 440.00- 884.28
Net earnings-47.00- 252.00- 333.00- 696.77
Shareholders equity total453.00201.00- 132.00- 828.65
Balance sheet total (assets)1 092.001 460.00532.00938.96
Net debt- 544.00- 122.00- 290.001 577.95
Profitability
EBIT-%
ROA-4.2 %-19.7 %-41.4 %-72.7 %
ROE-10.4 %-77.1 %-90.9 %-94.7 %
ROI-10.2 %-76.8 %-437.8 %-105.0 %
Economic value added (EVA)-46.00- 246.43- 333.97- 670.39
Solvency
Equity ratio41.5 %13.8 %-19.9 %-46.9 %
Gearing-203.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.10.80.5
Current ratio1.71.10.80.5
Cash and cash equivalents544.00122.00290.00105.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-72.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-46.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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