WELAND & SØNNER A/S — Credit Rating and Financial Key Figures

CVR number: 67154819
Rugvænget 32, 2630 Taastrup

Company information

Official name
WELAND & SØNNER A/S
Personnel
7 persons
Established
1981
Company form
Limited company
Industry

About WELAND & SØNNER A/S

WELAND & SØNNER A/S (CVR number: 67154819) is a company from Høje-Taastrup. The company recorded a gross profit of 5672.6 kDKK in 2023. The operating profit was 1736.9 kDKK, while net earnings were 2090.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WELAND & SØNNER A/S's liquidity measured by quick ratio was 10.1 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 profit4 773.005 323.007 099.0012 827.005 672.56
EBIT1 796.002 180.003 821.009 325.001 736.86
Net earnings1 528.001 810.003 088.007 668.002 090.30
Shareholders equity total20 181.0021 990.0025 078.0032 746.0034 836.17
Balance sheet total (assets)24 965.0025 194.0041 066.0039 714.0038 736.34
Net debt-2 229.00-1 958.00-2 360.00-1 575.00-4 646.92
Profitability
EBIT-%
ROA8.5 %9.4 %12.1 %25.1 %6.9 %
ROE7.9 %8.6 %13.1 %26.5 %6.2 %
ROI9.7 %10.7 %13.7 %29.2 %7.9 %
Economic value added (EVA)571.69846.702 011.396 479.21- 158.82
Solvency
Equity ratio80.8 %87.3 %61.1 %82.5 %89.9 %
Gearing4.8 %3.4 %42.2 %3.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.87.32.47.110.1
Current ratio5.18.02.57.610.5
Cash and cash equivalents3 199.002 707.0012 948.002 699.004 800.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.91%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.9%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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