WeTrade ApS — Credit Rating and Financial Key Figures

CVR number: 30896238
Nibevej 67, 9200 Aalborg SV
info@akerstroms.dk
tel: 46754503

Credit rating

Company information

Official name
WeTrade ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WeTrade ApS

WeTrade ApS (CVR number: 30896238) is a company from AALBORG. The company recorded a gross profit of 847.2 kDKK in 2023. The operating profit was 97.3 kDKK, while net earnings were 293.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 32.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. WeTrade ApS's liquidity measured by quick ratio was 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit460.24643.85979.261 159.14847.23
EBIT460.24643.85827.26486.3597.25
Net earnings577.40710.80879.63626.19293.65
Shareholders equity total1 016.061 026.861 056.49832.68990.28
Balance sheet total (assets)2 499.802 527.001 947.761 676.031 526.06
Net debt- 935.05-1 117.60- 851.25- 940.19- 704.88
Profitability
EBIT-%
ROA30.9 %36.6 %50.8 %44.5 %23.6 %
ROE59.1 %69.6 %84.4 %66.3 %32.2 %
ROI52.4 %57.4 %81.3 %85.3 %41.4 %
Economic value added (EVA)373.74520.84685.66368.5881.10
Solvency
Equity ratio40.6 %40.6 %54.2 %49.7 %64.9 %
Gearing44.4 %69.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.51.52.6
Current ratio1.71.72.22.02.8
Cash and cash equivalents1 386.601 830.57851.25940.19704.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.6%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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