Weco Tankers A/S — Credit Rating and Financial Key Figures

Weco Tankers A/S (CVR number: 41335971) is a company from HØRSHOLM. The company reported a net sales of 291.3 mUSD in 2023, demonstrating a growth of 11.4 % compared to the previous year. The operating profit percentage was at 18.2 % (EBIT: 53.1 mUSD), while net earnings were 56.1 mUSD. The profitability of the company measured by Return on Assets (ROA) was 49.3 %, which can be considered excellent and Return on Equity (ROE) was 90.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. Weco Tankers A/S's liquidity measured by quick ratio was 1.9 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.