WELD-TECH ApS — Credit Rating and Financial Key Figures

CVR number: 20125535
Langebjergvænget 14, 4000 Roskilde
tel: 23848084

Credit rating

Company information

Official name
WELD-TECH ApS
Personnel
4 persons
Established
1997
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About WELD-TECH ApS

WELD-TECH ApS (CVR number: 20125535) is a company from ROSKILDE. The company recorded a gross profit of 4102.5 kDKK in 2023. The operating profit was 2314.2 kDKK, while net earnings were 1708.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.7 %, which can be considered excellent and Return on Equity (ROE) was 72.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. WELD-TECH ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 451.812 498.503 164.573 243.284 102.51
EBIT231.26184.801 370.201 296.792 314.16
Net earnings119.2441.13938.51843.971 708.12
Shareholders equity total2 523.611 214.732 153.251 997.212 705.33
Balance sheet total (assets)4 672.144 378.755 919.124 578.864 266.75
Net debt1 258.521 769.532 780.541 606.42272.41
Profitability
EBIT-%
ROA4.7 %4.1 %26.6 %24.7 %52.7 %
ROE4.8 %2.2 %55.7 %40.7 %72.6 %
ROI6.0 %5.1 %32.4 %29.6 %70.0 %
Economic value added (EVA)66.1039.301 035.88902.781 704.72
Solvency
Equity ratio54.0 %27.7 %36.4 %43.6 %63.4 %
Gearing50.0 %155.0 %129.4 %82.0 %10.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.40.90.80.7
Current ratio2.21.51.61.72.7
Cash and cash equivalents2.92113.834.9631.6217.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:52.7%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.4%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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