L.P. WEIDEMANN A/S — Credit Rating and Financial Key Figures

CVR number: 18706946
H P Hanssens Gade 42 K, 6200 Aabenraa
weidemann@cotesi.dk
tel: 62512564

Credit rating

Company information

Official name
L.P. WEIDEMANN A/S
Personnel
3 persons
Established
1995
Company form
Limited company
Industry

About L.P. WEIDEMANN A/S

L.P. WEIDEMANN A/S (CVR number: 18706946) is a company from AABENRAA. The company recorded a gross profit of 2512.6 kDKK in 2023. The operating profit was -187.4 kDKK, while net earnings were -635.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -179.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. L.P. WEIDEMANN A/S's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 639.661 987.112 830.323 407.062 512.63
EBIT229.22- 663.82421.02817.99- 187.38
Net earnings101.15- 733.42377.021 404.18- 635.82
Shareholders equity total- 376.11-1 109.53- 732.50671.6835.86
Balance sheet total (assets)5 085.673 678.503 055.725 724.398 637.82
Net debt3 594.862 457.052 334.623 792.804 063.22
Profitability
EBIT-%
ROA5.3 %-12.3 %9.8 %17.6 %-2.3 %
ROE2.6 %-16.7 %11.2 %75.3 %-179.7 %
ROI5.9 %-15.2 %13.0 %19.6 %-2.5 %
Economic value added (EVA)268.50- 571.31517.29662.26- 124.54
Solvency
Equity ratio-6.9 %-23.2 %-19.3 %11.7 %0.4 %
Gearing-1345.3 %-294.1 %-440.1 %689.9 %22105.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.40.60.70.8
Current ratio0.90.80.81.11.0
Cash and cash equivalents1 464.89806.35889.15840.783 863.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-2.27%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.42%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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