TH. WALSTED OG SØN A/S

CVR number: 58378712
Ambolten 18, 6000 Kolding
info@walsted.com
tel: 75525614

Credit rating

Company information

Official name
TH. WALSTED OG SØN A/S
Established
1976
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About TH. WALSTED OG SØN A/S

TH. WALSTED OG SØN A/S (CVR number: 58378712) is a company from KOLDING. The company recorded a gross profit of 477.5 kDKK in 2023. The operating profit was 477.5 kDKK, while net earnings were 836.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.4 %, 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. TH. WALSTED OG SØN A/S's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit47.94488.02489.36408.71477.48
EBIT437.94488.02489.36408.71477.48
Net earnings212.75330.28334.17270.47836.65
Shareholders equity total2 424.452 754.732 758.902 829.373 666.02
Balance sheet total (assets)7 758.398 178.348 019.537 871.157 898.42
Net debt3 550.612 961.652 934.452 849.521 822.96
Profitability
EBIT-%
ROA5.9 %6.1 %6.0 %5.1 %14.5 %
ROE5.1 %12.8 %12.1 %9.7 %25.8 %
ROI5.9 %6.2 %6.2 %5.2 %14.9 %
Economic value added (EVA)53.7090.16103.9641.3296.19
Solvency
Equity ratio31.2 %33.7 %34.4 %35.9 %46.4 %
Gearing160.2 %134.1 %127.1 %117.4 %63.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.21.71.41.6
Current ratio1.72.21.71.41.6
Cash and cash equivalents334.19731.98573.17471.15498.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.4%
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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