AKTIESELSKABET TH. WESSEL & VETT. MAGASIN DU NORD — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 971 933.00 | 2 123 828.00 | |||
Gross profit | -1 270 482.00 | -1 626 378.00 | 645 408.00 | 662 854.00 | |
EBIT | -1 734 624.00 | -2 345 920.00 | 57 657.00 | 61 725.00 | |
Net earnings | 57 128.00 | 59 161.00 | |||
Shareholders equity total | 433 319.00 | 550 499.00 | 660 537.00 | 719 698.00 | |
Balance sheet total (assets) | 1 126 578.00 | 1 406 521.00 | 1 449 588.00 | 1 487 382.00 | |
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 % | |
ROE | 8.6 % | 8.6 % | |||
ROI | -333.7 % | -388.3 % | 10.7 % | 10.9 % | |
Economic value added (EVA) | -1 249 723.29 | -1 672 503.73 | 3 491.57 | 45 318.36 | 27 801.68 |
Solvency | |||||
Equity ratio | 38.5 % | 39.1 % | 45.6 % | 48.4 % | |
Gearing | 0.0 % | 2.3 % | 8.5 % | 0.3 % | |
Relative net indebtedness % | 27.9 % | 21.6 % | |||
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 0.5 | 0.5 | |
Current ratio | 1.2 | 1.3 | 1.1 | 1.1 | |
Cash and cash equivalents | 295 995.00 | 609 345.00 | 201 920.00 | 272 369.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.6 | 11.7 | |||
Net working capital % | 2.4 % | 4.2 % | |||
Credit risk | |||||
Credit rating | BB | BB | B | AA | AA |
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