WETCHE HOLDING FREDERICIA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About WETCHE HOLDING FREDERICIA ApS
WETCHE HOLDING FREDERICIA ApS (CVR number: 29397090) is a company from FREDERICIA. The company recorded a gross profit of -9.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were 33.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WETCHE HOLDING FREDERICIA ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.34 | -13.48 | -17.44 | -15.58 | -9.77 |
EBIT | -6.34 | -13.48 | -17.44 | -15.58 | -9.77 |
Net earnings | - 222.65 | 165.42 | -63.79 | 318.52 | 33.90 |
Shareholders equity total | 724.09 | 889.51 | 3 715.72 | 3 975.34 | 4 009.24 |
Balance sheet total (assets) | 764.53 | 930.17 | 5 015.12 | 5 306.13 | 5 380.80 |
Net debt | - 161.58 | - 147.81 | -72.27 | 133.44 | 181.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.6 % | 19.3 % | -2.1 % | 10.2 % | 2.5 % |
ROE | -26.7 % | 20.5 % | -2.8 % | 8.3 % | 0.8 % |
ROI | -26.8 % | 20.3 % | -2.2 % | 10.4 % | 2.5 % |
Economic value added (EVA) | -10.80 | -16.86 | -23.88 | 64.95 | 55.74 |
Solvency | |||||
Equity ratio | 94.7 % | 95.6 % | 74.1 % | 74.9 % | 74.5 % |
Gearing | 32.4 % | 30.9 % | 33.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.1 | 7.8 | 1.1 | 1.2 | 1.2 |
Current ratio | 8.1 | 7.8 | 1.1 | 1.2 | 1.2 |
Cash and cash equivalents | 161.58 | 147.81 | 1 275.32 | 1 095.69 | 1 175.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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