WekoAgro Machinery Hammel A/S — Credit Rating and Financial Key Figures

CVR number: 25317297
Viborgvej 50, Voldby 8450 Hammel
mail@wekoagro.dk
tel: 86969647

Credit rating

Company information

Official name
WekoAgro Machinery Hammel A/S
Personnel
48 persons
Established
2000
Domicile
Voldby
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WekoAgro Machinery Hammel A/S

WekoAgro Machinery Hammel A/S (CVR number: 25317297) is a company from FAVRSKOV. The company recorded a gross profit of 39.8 mDKK in 2023. The operating profit was 9981 kDKK, while net earnings were 6366.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 15.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. WekoAgro Machinery Hammel A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit22 244.0031 796.0038 568.0046 606.4639 806.38
EBIT22 244.0031 796.0038 568.0020 266.949 980.99
Net earnings1 908.006 623.0011 023.0015 074.966 366.90
Shareholders equity total4 699.0011 322.0022 345.0037 420.3343 787.22
Balance sheet total (assets)63 923.0072 018.0084 844.00113 758.43117 107.46
Net debt45 489.1544 651.43
Profitability
EBIT-%
ROA34.4 %46.8 %49.2 %20.8 %9.5 %
ROE51.0 %82.7 %65.5 %50.4 %15.7 %
ROI37.2 %46.8 %49.2 %24.5 %12.7 %
Economic value added (EVA)22 098.1631 559.8837 999.0714 673.805 672.87
Solvency
Equity ratio100.0 %100.0 %100.0 %33.8 %37.9 %
Gearing121.8 %102.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.5
Current ratio1.61.6
Cash and cash equivalents77.53198.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:9.49%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.9%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

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