Wessel & Vetts Fond — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 176.34 | - 102.23 | - 164.91 | 113.84 | 85.50 |
EBIT | - 576.34 | - 502.23 | - 614.91 | - 286.16 | - 314.50 |
Net earnings | 14 356.45 | 9 730.47 | 6 380.91 | 18 494.08 | 12 919.76 |
Shareholders equity total | 195 728.66 | 203 593.37 | 207 522.25 | 223 765.54 | 234 174.30 |
Balance sheet total (assets) | 196 294.03 | 204 187.98 | 208 069.79 | 224 223.35 | 234 996.17 |
Net debt | - 153.75 | - 367.55 | -1 017.16 | -1 146.30 | -1 876.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.6 % | 5.6 % | 4.0 % | 7.6 % | 6.0 % |
ROE | 7.6 % | 4.9 % | 3.1 % | 8.6 % | 5.6 % |
ROI | 7.6 % | 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 ratio | 99.7 % | 99.7 % | 99.7 % | 99.8 % | 99.7 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.3 | 14.6 | 13.3 | 16.5 | 13.2 |
Current ratio | 13.3 | 14.6 | 13.3 | 16.5 | 13.2 |
Cash and cash equivalents | 153.75 | 368.05 | 1 017.16 | 1 146.30 | 1 876.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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