Wessel & Vetts Fond — Credit Rating and Financial Key Figures

CVR number: 11692605
Store Strandstræde 21, 1255 København K
tel: 70202224
Free credit report Annual report

Company information

Official name
Wessel & Vetts Fond
Personnel
1 person
Established
1999
Industry

About Wessel & Vetts Fond

Wessel & Vetts Fond (CVR number: 11692605) is a company from KØBENHAVN. The company recorded a gross profit of 85.5 kDKK in 2024. The operating profit was -314.5 kDKK, while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Wessel & Vetts Fond's liquidity measured by quick ratio was 13.2 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 176.34- 102.23- 164.91113.8485.50
EBIT- 576.34- 502.23- 614.91- 286.16- 314.50
Net earnings14 356.459 730.476 380.9118 494.0812 919.76
Shareholders equity total195 728.66203 593.37207 522.25223 765.54234 174.30
Balance sheet total (assets)196 294.03204 187.98208 069.79224 223.35234 996.17
Net debt- 153.75- 367.55-1 017.16-1 146.30-1 876.88
Profitability
EBIT-%
ROA7.6 %5.6 %4.0 %7.6 %6.0 %
ROE7.6 %4.9 %3.1 %8.6 %5.6 %
ROI7.6 %5.6 %4.0 %7.6 %6.0 %
Economic value added (EVA)-9 781.97-10 337.59-10 845.50-10 808.53-11 489.72
Solvency
Equity ratio99.7 %99.7 %99.7 %99.8 %99.7 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio13.314.613.316.513.2
Current ratio13.314.613.316.513.2
Cash and cash equivalents153.75368.051 017.161 146.301 876.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.00%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 95/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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