WALTHER BEITH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | -1 879.31 | 4 507.37 | 3 899.08 | - 878.55 | 1 593.09 |
Shareholders equity total | 19 588.73 | 22 096.10 | 24 995.18 | 22 116.63 | 21 709.72 |
Balance sheet total (assets) | 19 970.82 | 22 625.96 | 25 260.47 | 22 381.79 | 22 477.05 |
Net debt | -17 306.11 | -19 011.92 | -23 042.47 | -20 804.92 | -21 465.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 23.5 % | 16.5 % | -0.7 % | 9.2 % |
ROE | -8.7 % | 21.6 % | 16.6 % | -3.7 % | 7.3 % |
ROI | 4.1 % | 24.0 % | 16.8 % | -0.7 % | 9.4 % |
Economic value added (EVA) | - 991.72 | - 342.01 | - 282.53 | - 665.96 | - 198.49 |
Solvency | |||||
Equity ratio | 98.1 % | 97.7 % | 98.9 % | 98.8 % | 96.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 45.4 | 36.9 | 89.3 | 80.6 | 28.0 |
Current ratio | 45.4 | 36.9 | 89.3 | 80.6 | 28.0 |
Cash and cash equivalents | 17 306.11 | 19 011.92 | 23 042.47 | 20 804.92 | 21 465.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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