WETOUCH ApS

CVR number: 29141207
Uraniavej 2, 1878 Frederiksberg C
mail@wetouch.dk
tel: 39202224
www.wetouch.dk

Credit rating

Company information

Official name
WETOUCH ApS
Established
2005
Company form
Private limited company
Industry
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About WETOUCH ApS

WETOUCH ApS (CVR number: 29141207) is a company from FREDERIKSBERG. The company recorded a gross profit of 3729.2 kDKK in 2022. The operating profit was 245.2 kDKK, while net earnings were 178.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50 %, 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. WETOUCH ApS's liquidity measured by quick ratio was 1.8 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
20182019202020212022
Volume
Net sales
Gross profit3 866.173 316.064 169.603 809.953 729.20
EBIT23.70-13.53911.46636.27245.25
Net earnings1.80-17.24693.60482.44178.88
Shareholders equity total1 001.80984.551 678.151 482.441 178.88
Balance sheet total (assets)1 536.301 598.253 254.462 213.952 358.27
Net debt- 502.52- 491.47-1 823.44-1 271.75- 323.77
Profitability
EBIT-%
ROA1.2 %-0.9 %37.6 %23.3 %10.7 %
ROE0.2 %-1.7 %52.1 %30.5 %13.4 %
ROI1.8 %-1.3 %68.0 %40.1 %14.8 %
Economic value added (EVA)10.47-36.92683.55502.43180.57
Solvency
Equity ratio65.4 %61.6 %51.6 %67.0 %50.0 %
Gearing1.0 %1.1 %0.4 %0.5 %54.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.32.02.81.8
Current ratio2.42.32.02.81.8
Cash and cash equivalents512.89502.251 830.421 279.15971.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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