WeCon A/S — Credit Rating and Financial Key Figures

CVR number: 27263798
Metalgangen 1, 2690 Karlslunde
mhj@wecon.dk
www.ab-kabelteknik.dk

Credit rating

Company information

Official name
WeCon A/S
Personnel
43 persons
Established
2003
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About WeCon A/S

WeCon A/S (CVR number: 27263798) is a company from GREVE. The company recorded a gross profit of 37.9 mDKK in 2023. The operating profit was 8031.8 kDKK, while net earnings were 6208.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 24.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. WeCon A/S's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 520.4027 878.7642 415.2244 495.3237 910.96
EBIT5 619.6613 494.7021 523.1317 300.748 031.80
Net earnings4 282.6810 332.8216 503.7013 299.206 208.22
Shareholders equity total7 146.1117 313.9423 542.6421 841.8428 050.06
Balance sheet total (assets)15 119.4330 309.3437 341.9547 319.8464 328.62
Net debt-5 562.34-16 544.72-21 402.73-7 491.30- 603.32
Profitability
EBIT-%
ROA42.8 %59.4 %63.6 %40.9 %14.4 %
ROE73.5 %84.5 %80.8 %58.6 %24.9 %
ROI65.4 %99.4 %105.3 %70.3 %27.4 %
Economic value added (EVA)4 346.9810 551.6616 710.0413 349.915 508.41
Solvency
Equity ratio47.7 %57.1 %63.2 %49.3 %45.7 %
Gearing33.8 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.22.62.42.2
Current ratio1.92.22.62.12.0
Cash and cash equivalents7 976.5116 545.2721 402.737 491.30603.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.7%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

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