Wundercar AS

ASDissolved

Org 928892255Statsrådvegen 119, 2074 Eidsvoll VerkRental and leasing of cars and light motor vehicles· NACE 7711Est. 2021 · 4 years old0 employees

Overview

Wundercar AS is a Norwegian AS based in Eidsvoll Verk, operating in the Rental and leasing of cars and light motor vehicles sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 191.8m in its latest annual filing.

Revenue 2023

191.8M NOK

+295% vs 2022

EBITDA margin

−7.8 %

−402% vs 2022

Net profit 2023

-21.3M NOK

-650% vs 2022

Key ratios

See full ratios →

5.5 %

Weak

Among the 30% lowest rated companies in the industry

20222023

1.1×

Weak

Among the 40% lowest rated companies in the industry

20222023

-49.8 %

Very weak

Among the 20% lowest rated companies in the industry

20222023

EBITDA — year on year

NOK millions

Key figures

Annual report 2023

Revenue	191.8M NOK	+295%
EBITDA	-15M NOK	-402%
Net profit	-21.3M NOK	-650%
Total assets	42.8M NOK	+121%
Equity	2.3M NOK	-41%
Employees	0	—

Financial development

In its most recent annual report (2023), Wundercar AS reported revenue of NOK 191.8m, an increase of 295% on the year before. The figures on this page draw on 2 annual filings covering 2022 to 2023. The bottom line showed a net loss of NOK 21.3m, and the EBITDA margin stood at -7.8%.

At the end of 2023, equity financed 5.5% of the balance sheet, and current assets covered short-term debt 1.1 times.

Financials

Revenue

NOK millions

EBITDA

NOK millions

Income statement

NOK thousands

Item	2023	2022
Revenue	191,776	48,516
Staff expenses	-4,290	-0
EBITDA	-15,036	4,981
Depreciation & amort.	-4,403	-0
EBIT	-19,440	4,981
Net financials	-1,873	3
Profit before tax	-21,313	4,984
Tax	-0	1,106
Net profit	-21,313	3,878

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Balance sheet

NOK thousands

Item	2023	2022
Total assets	42,801	19,398
Equity	2,348	3,987
Long-term debt	0	0
Short-term debt	40,453	15,411
Total debt	40,453	15,411

Financial ratios

5-year trend

EBITDA margin

-7.8 %

20222023

Equity ratio

5.5 %

Weak

Among the 30% lowest rated companies in the industry

20222023

Return on equity

-907.7 %

Very weak

Among the 10% lowest rated companies in the industry

20222023

Net profit margin

-11.1 %

Weak

Among the 30% lowest rated companies in the industry

20222023

Asset turnover

4.48×

Very strong

Among the 10% highest rated companies in the industry

20222023

Debt / equity

17.23×

Very weak

Among the 10% lowest rated companies in the industry

20222023

Sector performance

28 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginVery weak

Among the 10% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 30% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very weak

Among the 10% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very weak

Among the 20% lowest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very weak

Among the 10% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very weak

Among the 20% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 30% lowest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioWeak

Among the 40% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioWeak

Among the 40% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 30% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioWeak

Among the 30% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioWeak

Among the 30% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioWeak

Among the 30% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery weak

Among the 20% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery weak

Among the 20% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 30% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtVery weak

Among the 20% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery weak

Among the 10% lowest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 10% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Annual reports & filings

Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2021-12-03 – 2022-12-31
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Frequently asked questions

What is the Org number of Wundercar AS?

Wundercar AS is registered with Brønnøysundsregistrene under Org 928892255.

What is the revenue of Wundercar AS?

Wundercar AS reported revenue of NOK 191.8m in 2023.

Where is Wundercar AS headquartered?

Wundercar AS's registered address is Statsrådvegen 119.