Welltec Manufacturing Center Completions ApS — Credit Rating and Financial Key Figures

CVR number: 41587423
Storstrømsvej 12, 6715 Esbjerg N

Credit rating

Company information

Official name
Welltec Manufacturing Center Completions ApS
Personnel
58 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon24Manufacture of basic metals

About Welltec Manufacturing Center Completions ApS

Welltec Manufacturing Center Completions ApS (CVR number: 41587423) is a company from ESBJERG. The company recorded a gross profit of 5242 kUSD in 2023. The operating profit was 4486 kUSD, while net earnings were 1501 kUSD. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Welltec Manufacturing Center Completions ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit1 532.005 242.00
EBIT1 136.004 486.00
Net earnings522.00927.00784.001 501.00
Shareholders equity total13 181.0014 682.00
Balance sheet total (assets)25 297.0034 344.0045 843.0048 494.00
Net debt22 768.0022 061.00
Profitability
EBIT-%
ROA5.3 %9.6 %
ROE11.9 %10.8 %
ROI5.7 %11.1 %
Economic value added (EVA)998.462 955.86
Solvency
Equity ratio28.8 %30.3 %
Gearing172.7 %150.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.5
Current ratio1.71.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBAA

Variable visualization

ROA:9.57%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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