WELLAIR A/S — Credit Rating and Financial Key Figures

CVR number: 30365747
Thorndahlsvej 6, 9200 Aalborg SV
lasse@wellair.dk
tel: 21225600
wellair.dk

Company information

Official name
WELLAIR A/S
Personnel
2 persons
Established
2007
Company form
Limited company
Industry

About WELLAIR A/S

WELLAIR A/S (CVR number: 30365747) is a company from AALBORG. The company recorded a gross profit of 2849 kDKK in 2023. The operating profit was 1358.8 kDKK, while net earnings were 1045.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. WELLAIR A/S's liquidity measured by quick ratio was 1.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 266.002 103.003 198.004 142.002 849.05
EBIT2 116.001 957.003 035.003 446.001 358.79
Net earnings1 651.001 535.002 332.002 617.001 045.37
Shareholders equity total5 017.006 051.007 883.009 000.007 045.56
Balance sheet total (assets)6 519.008 629.0010 555.0012 106.0014 034.05
Net debt-1 855.00-3 593.00-3 867.00-4 161.00-1 801.80
Profitability
EBIT-%
ROA38.6 %26.4 %32.1 %30.6 %10.9 %
ROE38.5 %27.7 %33.5 %31.0 %13.0 %
ROI50.0 %35.0 %40.8 %39.2 %15.3 %
Economic value added (EVA)1 561.631 362.892 256.332 517.10799.79
Solvency
Equity ratio77.0 %70.1 %74.7 %74.3 %50.2 %
Gearing5.8 %10.0 %36.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.73.12.81.2
Current ratio4.33.34.03.92.0
Cash and cash equivalents1 855.003 941.004 657.004 161.004 340.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.2%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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