Weld Tech Fyn ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Weld Tech Fyn ApS
Weld Tech Fyn ApS (CVR number: 41906561) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 667.4 kDKK in 2023. The operating profit was -34.6 kDKK, while net earnings were -33.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Weld Tech Fyn ApS's liquidity measured by quick ratio was 2.3 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 605.74 | 818.74 | 667.36 |
EBIT | 289.70 | 247.41 | -34.60 |
Net earnings | 213.46 | 188.35 | -33.28 |
Shareholders equity total | 253.46 | 384.61 | 292.43 |
Balance sheet total (assets) | 435.07 | 538.13 | 449.88 |
Net debt | -53.71 | - 131.87 | - 168.55 |
Profitability | |||
EBIT-% | |||
ROA | 66.6 % | 50.8 % | -7.0 % |
ROE | 84.2 % | 59.0 % | -9.8 % |
ROI | 103.6 % | 70.5 % | -9.3 % |
Economic value added (EVA) | 224.02 | 180.54 | -43.33 |
Solvency | |||
Equity ratio | 58.3 % | 71.5 % | 65.0 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 2.2 | 3.3 | 2.3 |
Current ratio | 2.2 | 3.3 | 2.3 |
Cash and cash equivalents | 53.71 | 131.87 | 168.55 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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