Credit rating
Company information
About WELTZ ADMINISTRATION ApS
WELTZ ADMINISTRATION ApS (CVR number: 30515382) is a company from SORØ. The company recorded a gross profit of 624.1 kDKK in 2023. The operating profit was 19.4 kDKK, while net earnings were 16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. WELTZ ADMINISTRATION ApS's liquidity measured by quick ratio was 2.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 368.03 | 415.13 | 448.34 | ||
Gross profit | 352.46 | 405.29 | 427.14 | 547.19 | 624.08 |
EBIT | -40.89 | 2.30 | -23.56 | 13.52 | 19.42 |
Net earnings | -32.29 | 1.02 | -19.75 | 9.54 | 16.75 |
Shareholders equity total | 150.05 | 151.07 | 131.32 | 140.86 | 157.61 |
Balance sheet total (assets) | 219.71 | 348.78 | 206.45 | 221.69 | 253.67 |
Net debt | - 183.26 | - 297.01 | - 149.38 | - 148.63 | - 191.11 |
Profitability | |||||
EBIT-% | -11.1 % | 0.6 % | -5.3 % | ||
ROA | -17.8 % | 0.8 % | -8.5 % | 6.3 % | 8.2 % |
ROE | -19.4 % | 0.7 % | -14.0 % | 7.0 % | 11.2 % |
ROI | -24.6 % | 1.5 % | -16.7 % | 9.9 % | 13.0 % |
Economic value added (EVA) | -30.78 | 3.97 | -11.05 | 11.45 | 17.11 |
Solvency | |||||
Equity ratio | 68.3 % | 43.3 % | 63.6 % | 63.5 % | 62.1 % |
Gearing | |||||
Relative net indebtedness % | -30.9 % | -23.9 % | -16.6 % | ||
Liquidity | |||||
Quick ratio | 3.2 | 1.8 | 2.7 | 2.7 | 2.6 |
Current ratio | 3.2 | 1.8 | 2.7 | 2.7 | 2.6 |
Cash and cash equivalents | 183.26 | 297.01 | 149.38 | 148.63 | 191.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.1 | 37.5 | 34.8 | ||
Net working capital % | 40.8 % | 36.4 % | 29.3 % | ||
Credit risk | |||||
Credit rating | B | B | B | BB | BB |
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