WICOTECH ApS — Credit Rating and Financial Key Figures

CVR number: 30567889
A.C.Illums Vej 5, 8600 Silkeborg

Credit rating

Company information

Official name
WICOTECH ApS
Personnel
7 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About WICOTECH ApS

WICOTECH ApS (CVR number: 30567889) is a company from SILKEBORG. The company recorded a gross profit of 10.5 mDKK in 2023. The operating profit was 6858.1 kDKK, while net earnings were 5369.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.3 %, which can be considered excellent and Return on Equity (ROE) was 89.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. WICOTECH ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 051.587 631.187 705.439 095.2210 525.71
EBIT3 727.514 236.884 808.545 437.766 858.14
Net earnings3 081.373 463.443 822.784 228.265 369.30
Shareholders equity total4 198.264 581.705 004.485 432.746 602.05
Balance sheet total (assets)6 175.537 539.497 394.178 034.849 457.67
Net debt-1 729.78-2 670.20-1 448.41-1 277.38-3 351.91
Profitability
EBIT-%
ROA66.9 %65.1 %66.0 %70.6 %79.3 %
ROE75.5 %78.9 %79.8 %81.0 %89.2 %
ROI95.4 %99.2 %101.2 %104.1 %115.2 %
Economic value added (EVA)2 788.653 177.173 650.554 058.005 134.48
Solvency
Equity ratio68.0 %60.8 %67.7 %67.9 %70.4 %
Gearing0.2 %0.1 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.71.51.92.2
Current ratio3.12.62.93.03.2
Cash and cash equivalents1 739.412 676.371 474.181 277.383 351.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:79.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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