CONG WANG AGENCY ApS — Credit Rating and Financial Key Figures

CVR number: 33377215
Marievej 17, Mørdrup 3060 Espergærde
zenhagen@gmail.com
tel: 20713388

Company information

Official name
CONG WANG AGENCY ApS
Established
2010
Domicile
Mørdrup
Company form
Private limited company
Industry

About CONG WANG AGENCY ApS

CONG WANG AGENCY ApS (CVR number: 33377215) is a company from HELSINGØR. The company reported a net sales of -0.1 mDKK in 2019, demonstrating a growth of -77.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: 0.1 mDKK), while net earnings were 74.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 119.5 %, which can be considered excellent and Return on Equity (ROE) was 28 %, which can be considered excellent. 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. CONG WANG AGENCY 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
2016
2017
2018
2019
Volume
Net sales- 157.96- 211.38- 376.49-84.14
Gross profit-40.0441.43- 136.24-17.91
EBIT148.03121.24-43.0474.18
Net earnings125.27162.77-43.0474.18
Shareholders equity total- 166.04328.81450.1180.00
Balance sheet total (assets)145.77110.5944.1180.00
Net debt202.78280.58- 189.30
Profitability
EBIT-%
ROA47.5 %57.4 %-55.6 %119.5 %
ROE85.9 %68.6 %-11.1 %28.0 %
ROI68.6 %107.2 %-47.0 %58.7 %
Economic value added (EVA)117.39171.65-54.2247.45
Solvency
Equity ratio-53.3 %23.1 %52.6 %100.0 %
Gearing-130.0 %103.1 %-61.6 %
Relative net indebtedness %-189.1 %-180.2 %84.4 %
Liquidity
Quick ratio0.50.3-0.1
Current ratio0.50.3-0.1
Cash and cash equivalents13.1158.52-88.16
Capital use efficiency
Trade debtors turnover (days)- 134.6- 164.2-56.5
Net working capital %92.0 %155.6 %-119.6 %-95.1 %
Credit risk
Credit ratingBBBC

Variable visualization

ROA:119.5%
Rating: 100/100
-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

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