WALTHER BEITH A/S — Credit Rating and Financial Key Figures

CVR number: 28137613
Gyvelvænget 162, 7730 Hanstholm
tel: 97962399

Company information

Official name
WALTHER BEITH A/S
Established
1971
Company form
Limited company
Industry

About WALTHER BEITH A/S

WALTHER BEITH A/S (CVR number: 28137613) is a company from THISTED. The company recorded a gross profit of -170 kDKK in 2023. The operating profit was -170 kDKK, while net earnings were 1593.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WALTHER BEITH A/S's liquidity measured by quick ratio was 28 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 profit- 201.87- 282.83- 267.73- 205.59- 170.04
EBIT- 235.33- 316.29- 301.18- 735.33- 170.04
Net earnings-1 879.314 507.373 899.08- 878.551 593.09
Shareholders equity total19 588.7322 096.1024 995.1822 116.6321 709.72
Balance sheet total (assets)19 970.8222 625.9625 260.4722 381.7922 477.05
Net debt-17 306.11-19 011.92-23 042.47-20 804.92-21 465.05
Profitability
EBIT-%
ROA4.1 %23.5 %16.5 %-0.7 %9.2 %
ROE-8.7 %21.6 %16.6 %-3.7 %7.3 %
ROI4.1 %24.0 %16.8 %-0.7 %9.4 %
Economic value added (EVA)- 991.72- 342.01- 282.53- 665.96- 198.49
Solvency
Equity ratio98.1 %97.7 %98.9 %98.8 %96.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio45.436.989.380.628.0
Current ratio45.436.989.380.628.0
Cash and cash equivalents17 306.1119 011.9223 042.4720 804.9221 465.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:9.17%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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