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

CVR number: 36959096
Rungsted Strandvej 113, 2960 Rungsted Kyst

Company information

Official name
Weco Shipping A/S
Personnel
13 persons
Established
2015
Company form
Limited company
Industry

About Weco Shipping A/S

Weco Shipping A/S (CVR number: 36959096) is a company from HØRSHOLM. The company recorded a gross profit of 905 kUSD in 2024. The operating profit was 45 kUSD, while net earnings were 26.3 mUSD. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Weco Shipping A/S's liquidity measured by quick ratio was 2.1 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2023
2024
Volume
Net sales
Gross profit890.00905.00
EBIT-2 230.0045.00
Net earnings42 674.0026 337.00
Shareholders equity total161 612.00162 231.00
Balance sheet total (assets)163 231.00184 459.00
Net debt-21 500.004 227.00
Profitability
EBIT-%
ROA25.8 %15.4 %
ROE26.4 %16.3 %
ROI26.0 %15.5 %
Economic value added (EVA)-1 583.30-4 325.88
Solvency
Equity ratio99.0 %87.9 %
Gearing0.3 %13.6 %
Relative net indebtedness %
Liquidity
Quick ratio22.72.1
Current ratio22.72.1
Cash and cash equivalents21 906.0017 839.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.9%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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