WELLTEC A/S

CVR number: 13478805
Gydevang 25, 3450 Allerød
tel: 48143514

Credit rating

Company information

Official name
WELLTEC A/S
Personnel
204 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon09Mining support service activities

About the company

WELLTEC A/S (CVR number: 13478805K) is a company from ALLERØD. The company reported a net sales of 215.5 mUSD in 2023, demonstrating a growth of 25.5 % compared to the previous year. The operating profit percentage was at 64.3 % (EBIT: 138.5 mUSD), while net earnings were 113.8 mUSD. The profitability of the company measured by Return on Assets (ROA) was 46.8 %, which can be considered excellent and Return on Equity (ROE) was 66.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. WELLTEC A/S's liquidity measured by quick ratio was 1.3 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 financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales261.7587.91111.23171.71215.51
Gross profit119.8146.4874.11132.02175.37
EBIT57.2321.5848.5087.55138.54
Net earnings21.45-1.8538.9269.22113.76
Shareholders equity total40.6615.2852.70120.30220.87
Balance sheet total (assets)487.26440.42251.29279.98373.13
Net debt-24.4727.72130.7259.9224.05
Profitability
EBIT-%21.9 %24.6 %43.6 %51.0 %64.3 %
ROA17.0 %10.8 %25.9 %40.9 %46.8 %
ROE64.7 %-6.6 %114.5 %80.0 %66.7 %
ROI19.7 %12.0 %28.0 %47.4 %56.8 %
Economic value added (EVA)35.1713.2635.4764.20104.97
Solvency
Equity ratio8.3 %3.5 %21.0 %43.0 %59.2 %
Gearing14.5 %278.8 %294.8 %81.4 %31.2 %
Relative net indebtedness %159.0 %466.6 %156.4 %70.8 %49.9 %
Liquidity
Quick ratio1.81.01.71.81.3
Current ratio1.81.31.71.81.3
Cash and cash equivalents30.3714.9024.6138.0544.82
Capital use efficiency
Trade debtors turnover (days)59.819.536.331.322.2
Net working capital %20.4 %17.2 %29.3 %28.5 %18.4 %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:46.8%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.2%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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