WECO A/S — Credit Rating and Financial Key Figures

CVR number: 29622868
Rungsted Strandvej 113, 2960 Rungsted Kyst
tel: 45177770

Company information

Official name
WECO A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry

About WECO A/S

WECO A/S (CVR number: 29622868K) is a company from HØRSHOLM. The company reported a net sales of 3905.2 mDKK in 2024, demonstrating a growth of 6.1 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 271.6 mDKK), while net earnings were 383.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. WECO A/S's liquidity measured by quick ratio was 5.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 210.552 445.054 791.653 681.263 905.21
Gross profit1 210.552 445.054 791.65550.71361.61
EBIT-78.19412.26984.05454.00271.59
Net earnings302.98- 448.34776.78702.35383.55
Shareholders equity total2 296.441 660.792 239.142 545.012 775.53
Balance sheet total (assets)2 894.132 391.682 829.933 032.493 189.59
Net debt-1 014.09-1 229.68
Profitability
EBIT-%-6.5 %16.9 %20.5 %12.3 %7.0 %
ROA-2.8 %15.6 %37.7 %24.6 %12.8 %
ROE13.9 %-22.7 %39.8 %33.0 %18.6 %
ROI-2.8 %15.6 %37.7 %26.3 %14.5 %
Economic value added (EVA)- 182.11296.86900.59336.43201.26
Solvency
Equity ratio100.0 %100.0 %100.0 %83.9 %87.0 %
Gearing0.8 %1.7 %
Relative net indebtedness %-15.4 %-22.9 %
Liquidity
Quick ratio4.45.1
Current ratio4.65.3
Cash and cash equivalents1 033.341 277.75
Capital use efficiency
Trade debtors turnover (days)26.117.3
Net working capital %30.7 %33.0 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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