Weco Play ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Weco Play ApS
Weco Play ApS (CVR number: 37566047) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit was -6.6 kDKK, while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -11.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.6 %, 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. Weco Play ApS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 489.30 | 327.80 | 327.80 | 238.82 | |
Gross profit | 104.49 | 87.31 | 87.31 | 21.75 | |
EBIT | 99.47 | 28.12 | 28.12 | -86.41 | -6.64 |
Net earnings | 68.46 | 21.94 | 21.94 | -86.41 | -6.64 |
Shareholders equity total | 113.88 | 139.92 | 139.92 | 47.61 | 66.23 |
Balance sheet total (assets) | 204.27 | 188.59 | 188.59 | 89.40 | 104.11 |
Net debt | - 140.24 | - 126.97 | - 126.97 | -61.28 | -58.15 |
Profitability | |||||
EBIT-% | 20.3 % | 8.6 % | 8.6 % | -36.2 % | |
ROA | 49.7 % | 14.3 % | 14.9 % | -62.2 % | -6.9 % |
ROE | 53.4 % | 17.3 % | 15.7 % | -92.2 % | -11.7 % |
ROI | 175.1 % | 22.2 % | 20.1 % | -92.2 % | -11.7 % |
Economic value added (EVA) | 88.73 | 20.02 | 21.29 | -87.06 | -5.96 |
Solvency | |||||
Equity ratio | 55.8 % | 74.2 % | 74.2 % | 53.3 % | 63.6 % |
Gearing | |||||
Relative net indebtedness % | -10.2 % | -23.9 % | -23.9 % | -8.2 % | |
Liquidity | |||||
Quick ratio | 1.8 | 3.2 | 3.2 | 2.1 | 2.7 |
Current ratio | 2.4 | 3.9 | 3.9 | 2.1 | 2.7 |
Cash and cash equivalents | 140.24 | 126.97 | 126.97 | 61.28 | 58.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.3 | 31.9 | 31.9 | 43.0 | |
Net working capital % | 24.6 % | 42.7 % | 42.7 % | 19.9 % | |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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