WECO BULK A/S — Credit Rating and Financial Key Figures

CVR number: 35233954
Rungsted Strandvej 113, 2960 Rungsted Kyst
jvi@wecobulk.com
tel: 45177785

Credit rating

Company information

Official name
WECO BULK A/S
Personnel
12 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon50Water transport

About WECO BULK A/S

WECO BULK A/S (CVR number: 35233954) is a company from HØRSHOLM. The company reported a net sales of 213.7 mUSD in 2024, demonstrating a growth of 19.4 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 14.2 mUSD), while net earnings were 15.5 mUSD. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.5 %, 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. WECO BULK A/S's liquidity measured by quick ratio was 2.6 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 (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales114.87202.06285.29179.00213.70
Gross profit7.2056.9865.8811.3218.70
EBIT4.7849.0558.687.7714.20
Net earnings4.3668.0777.3910.1015.50
Shareholders equity total14.2177.78104.4774.3889.95
Balance sheet total (assets)24.1297.57123.3392.04114.62
Net debt-22.17-40.43
Profitability
EBIT-%4.2 %24.3 %20.6 %4.3 %6.6 %
ROA20.7 %80.6 %53.1 %10.2 %16.6 %
ROE33.5 %148.0 %84.9 %11.3 %18.9 %
ROI20.7 %80.6 %53.1 %10.7 %18.7 %
Economic value added (EVA)4.1848.3354.771.9013.46
Solvency
Equity ratio100.0 %100.0 %100.0 %80.8 %78.5 %
Gearing11.0 %11.4 %
Relative net indebtedness %-7.1 %-12.2 %
Liquidity
Quick ratio2.32.6
Current ratio2.72.8
Cash and cash equivalents30.3450.69
Capital use efficiency
Trade debtors turnover (days)5.612.2
Net working capital %17.0 %20.9 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.5%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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