WECO INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WECO INTERNATIONAL A/S
WECO INTERNATIONAL A/S (CVR number: 29177678) is a company from KØBENHAVN. The company recorded a gross profit of -79 kDKK in 2023. The operating profit was -181 kDKK, while net earnings were 13 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.9 %, which can be considered excellent and Return on Equity (ROE) was 39.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WECO INTERNATIONAL A/S's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -44.00 | -58.00 | -50.00 | - 161.00 | -79.00 |
EBIT | - 143.00 | - 151.00 | - 153.00 | - 263.00 | - 181.00 |
Net earnings | 9 453.00 | -24 720.00 | -5 435.00 | 10 247.00 | 12 986.00 |
Shareholders equity total | 53 740.00 | 22 802.00 | 17 292.00 | 27 294.00 | 39 044.00 |
Balance sheet total (assets) | 57 632.00 | 22 953.00 | 25 931.00 | 37 464.00 | 40 790.00 |
Net debt | 1 924.00 | - 552.00 | 678.00 | 4 006.00 | 1 398.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.9 % | -53.9 % | -22.4 % | 32.8 % | 33.9 % |
ROE | 19.3 % | -64.6 % | -27.1 % | 46.0 % | 39.2 % |
ROI | 16.9 % | -54.0 % | -26.6 % | 41.3 % | 36.5 % |
Economic value added (EVA) | -77.16 | - 877.29 | -1 098.70 | - 494.56 | - 377.74 |
Solvency | |||||
Equity ratio | 93.2 % | 99.3 % | 51.8 % | 64.1 % | 95.7 % |
Gearing | 7.1 % | 6.0 % | 17.6 % | 3.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 77.4 | 1.5 | 1.4 | 2.0 |
Current ratio | 1.2 | 77.4 | 1.5 | 1.4 | 2.0 |
Cash and cash equivalents | 1 900.00 | 552.00 | 355.00 | 789.00 | 132.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | BBB | A | AA |
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