WALSTED TRUCK A/S — Credit Rating and Financial Key Figures

CVR number: 29319723
Ambolten 18, 6000 Kolding
info@walsted.com
tel: 75521877
www.walsted.com

Credit rating

Company information

Official name
WALSTED TRUCK A/S
Personnel
9 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About WALSTED TRUCK A/S

WALSTED TRUCK A/S (CVR number: 29319723) is a company from KOLDING. The company recorded a gross profit of 5411.6 kDKK in 2023. The operating profit was 209.7 kDKK, while net earnings were 79.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. WALSTED TRUCK A/S's liquidity measured by quick ratio was 0.3 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 profit6 142.787 253.565 167.987 087.875 411.60
EBIT1 658.202 590.02595.502 119.10209.69
Net earnings1 278.031 994.21415.011 595.0979.68
Shareholders equity total4 781.556 181.266 296.267 691.356 771.04
Balance sheet total (assets)8 608.919 282.1010 386.5712 397.6711 847.53
Net debt2 326.45- 998.321 760.911 329.381 808.66
Profitability
EBIT-%
ROA23.5 %29.4 %6.1 %18.6 %1.7 %
ROE30.1 %36.4 %6.7 %22.8 %1.1 %
ROI31.5 %38.3 %8.2 %24.8 %2.4 %
Economic value added (EVA)1 155.571 776.49201.821 334.13- 230.83
Solvency
Equity ratio55.5 %66.6 %67.7 %74.8 %70.6 %
Gearing48.7 %28.0 %17.4 %27.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.70.20.3
Current ratio2.33.32.52.62.3
Cash and cash equivalents2.36998.322.075.5232.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBB

Variable visualization

ROA:1.75%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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