AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD — Credit Rating and Financial Key Figures

CVR number: 58191213
Kongens Nytorv 13, 1050 København K
tel: 33151840

Company information

Official name
AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD
Personnel
1826 persons
Established
1999
Company form
Limited company
Industry

About AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD

AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD (CVR number: 58191213) is a company from KØBENHAVN. The company reported a net sales of 2123.8 mDKK in 2024, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 61.7 mDKK), while net earnings were 59.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales1 971 933.002 123 828.00
Gross profit-1 270 482.00-1 626 378.00645 408.00662 854.00
EBIT-1 734 624.00-2 345 920.0057 657.0061 725.00
Net earnings57 128.0059 161.00
Shareholders equity total433 319.00550 499.00660 537.00719 698.00
Balance sheet total (assets)1 126 578.001 406 521.001 449 588.001 487 382.00
Net debt- 295 993.00- 596 649.00- 145 554.00- 270 475.00
Profitability
EBIT-%2.9 %2.9 %
ROA-167.1 %-185.2 %5.5 %5.6 %
ROE8.6 %8.6 %
ROI-333.7 %-388.3 %10.7 %10.9 %
Economic value added (EVA)-1 249 723.29-1 672 503.733 491.5745 318.3627 801.68
Solvency
Equity ratio38.5 %39.1 %45.6 %48.4 %
Gearing0.0 %2.3 %8.5 %0.3 %
Relative net indebtedness %27.9 %21.6 %
Liquidity
Quick ratio0.80.90.50.5
Current ratio1.21.31.11.1
Cash and cash equivalents295 995.00609 345.00201 920.00272 369.00
Capital use efficiency
Trade debtors turnover (days)13.611.7
Net working capital %2.4 %4.2 %
Credit risk
Credit ratingBBBBBAAAA

Variable visualization

ROA:5.58%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.4%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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