Weld Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 41978104
Danneskiold-Samsøes Allé 41, 1434 København K
hello@weld.app
tel: 61719181
https://weld.app/

Credit rating

Company information

Official name
Weld Technologies ApS
Personnel
6 persons
Established
2020
Company form
Private limited company
Industry

About Weld Technologies ApS

Weld Technologies ApS (CVR number: 41978104) is a company from KØBENHAVN. The company recorded a gross profit of 4290.6 kDKK in 2023. The operating profit was -6896 kDKK, while net earnings were -6984.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19 %, which can be considered poor and Return on Equity (ROE) was -23.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Weld Technologies ApS's liquidity measured by quick ratio was 0.4 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
2021
2022
2023
Volume
Net sales
Gross profit- 190.292 306.204 290.62
EBIT-3 848.46-15 292.96-6 896.02
Net earnings-3 555.79-14 524.73-6 984.06
Shareholders equity total10 944.71-3 580.02-10 564.08
Balance sheet total (assets)27 029.8832 535.4526 029.12
Net debt-8 790.1414 344.4522 488.08
Profitability
EBIT-%
ROA-14.2 %-48.4 %-19.0 %
ROE-32.5 %-66.8 %-23.9 %
ROI-14.8 %-50.6 %-19.7 %
Economic value added (EVA)-3 393.80-13 486.03-5 706.16
Solvency
Equity ratio40.5 %-9.9 %-28.9 %
Gearing137.5 %-964.1 %-336.2 %
Relative net indebtedness %
Liquidity
Quick ratio29.214.40.4
Current ratio29.214.40.4
Cash and cash equivalents23 835.0520 172.0813 025.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-19.0%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-28.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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