K/S WELLEN — Credit Rating and Financial Key Figures

CVR number: 29783624
Mariagervej 58 B, 9500 Hobro

Credit rating

Company information

Official name
K/S WELLEN
Established
2006
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S WELLEN

K/S WELLEN (CVR number: 29783624) is a company from MARIAGERFJORD. The company recorded a gross profit of -5.6 kEUR in 2023. The operating profit was -5.6 kEUR, while net earnings were 240.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.6 %, 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. K/S WELLEN's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
20192020202120222023
Volume
Net sales
Gross profit-6.65-5.64
EBIT-6.65-5.64
Net earnings245.36229.27262.97809.52240.87
Shareholders equity total1 117.061 266.331 449.302 058.821 799.69
Balance sheet total (assets)3 117.992 845.982 657.733 501.033 783.64
Net debt1 936.741 491.391 206.841 439.031 982.31
Profitability
EBIT-%
ROA27.2 %7.6 %
ROE23.7 %19.2 %19.4 %46.2 %12.5 %
ROI27.2 %7.6 %
Economic value added (EVA)- 167.70- 152.83- 137.8754.07- 225.07
Solvency
Equity ratio22.0 %29.0 %54.5 %58.8 %47.6 %
Gearing174.2 %118.5 %83.3 %69.9 %110.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.33.1
Current ratio8.33.1
Cash and cash equivalents9.569.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:7.60%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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